Nasdaq
华尔街日报Senior VP & Chief Accounting Officer of KLX Energy Services Holdings Geoffrey Stanford Buys 183% More Shares
Even if it's not a huge purchase, we think it was good to see that Geoffrey Stanford, the Senior VP & Chief Accounting Officer of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) recently shelled out US$95k to buy stock, at US$1.90 per share. While that isn't the hugest buy, it actually boosted their shareholding by 183%, which is good to see.
KLX Energy Services Holdings Insider Transactions Over The Last Year
The Director, Thomas McCaffrey, made the biggest insider sale in the last 12 months. That single transaction was for US$98k worth of shares at a price of US$1.95 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$1.64. So it is hard to draw any strong conclusion from it.
Happily, we note that in the last year insiders paid US$123k for 66.50k shares. But they sold 56.38k shares for US$121k. Overall, KLX Energy Services Holdings insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
View our latest analysis for KLX Energy Services Holdings
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does KLX Energy Services Holdings Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that KLX Energy Services Holdings insiders own 6.8% of the company, worth about US$2.1m. We do generally prefer see higher levels of insider ownership.
So What Do The KLX Energy Services Holdings Insider Transactions Indicate?
It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that KLX Energy Services Holdings insiders are reasonably well aligned, and optimistic for the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 4 warning signs for KLX Energy Services Holdings you should be aware of, and 1 of them is a bit concerning.
But note: KLX Energy Services 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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.