Insider Spends US$494k Buying More Shares In Celsius Holdings
Potential Celsius Holdings, Inc. (NASDAQ:CELH) shareholders may wish to note that the CEO & Chairman, John Fieldly, recently bought US$494k worth of stock, paying US$27.44 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 1.9%.
Celsius Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Chairman Emeritus, William Milmoe, sold US$2.5m worth of shares at a price of US$62.50 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$27.22. So it may not shed much light on insider confidence at current levels.
In the last twelve months insiders purchased 56.93k shares for US$1.9m. On the other hand they divested 42.88k shares, for US$2.6m. In total, Celsius Holdings insiders sold more than they bought over the last year. The sellers received a price of around US$61.75, on average. Insider selling doesn't make us excited to buy. But we note that the selling, on average, was at well above the recently traded price of US$27.22. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
View our latest analysis for Celsius Holdings
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Insider Ownership Of Celsius Holdings
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Celsius Holdings insiders own 13% of the company, currently worth about US$895m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Celsius Holdings Tell Us?
It's certainly positive to see the recent insider purchase. However, the longer term transactions are not so encouraging. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Celsius Holdings insiders are reasonably well aligned, and optimistic for the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Celsius Holdings.
But note: Celsius Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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