Looking at Air Products and Chemicals, Inc.'s (NYSE:APD ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
The Last 12 Months Of Insider Transactions At Air Products and Chemicals
Over the last year, we can see that the biggest insider purchase was by Chairman Seifollah Ghasemi for US$2.9m worth of shares, at about US$264 per share. That means that even when the share price was higher than US$258 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Seifollah Ghasemi was the only individual insider to buy during the last year.
Seifollah Ghasemi bought 21.00k shares over the last 12 months at an average price of US$259. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
NYSE:APD Insider Trading Volume July 12th 2024
Air Products and Chemicals is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Air Products and Chemicals insiders own 0.4% of the company, currently worth about US$206m 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.
So What Does This Data Suggest About Air Products and Chemicals Insiders?
It doesn't really mean much that no insider has traded Air Products and Chemicals shares in the last quarter. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Air Products and Chemicals insiders think the business has merit. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To that end, you should learn about the 3 warning signs we've spotted with Air Products and Chemicals (including 1 which can't be ignored).
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Air Products and Chemicals, Inc.(NYSE:APD)の過去1年間のインサイダー取引を見ると、インサイダーが純買い手だったことがわかります。つまり、インサイダーが売却した株式の数よりも、購入した株式の数の方が多かったということです。
Air Products and Chemicalsだけでなく、インサイダーが株式を購入している小型株企業を見つけたい場合は、この無料リストに掲載されている成長企業をチェックしてみてください。
社内保有株式
企業の総インサイダー保有量を見ることで、一般株主と共通の利益を得ることができるかどうかを判断することができます。通常、私たちは比較的高い水準のインサイダー保有率を好みます。Air Products and Chemicalsのインサイダーは、現在の株価を基準にすると約2億0600万ドル相当の0.4%を所有しています。株主の大部分は、このようなインサイダー保有率を見て、経営者のインセンティブが他の株主とよく整合していることを確信しているでしょう。
では、Air Products and Chemicalsのインサイダー取引について、このデータは何を示唆しているのでしょうか?
直近の四半期にAir Products and Chemicalsの取締役が株式を取引していないことは、あまり重要ではありません。ただし、私たちが過去1年間の取引を分析した結果、エンカレジングな結果が得られました。インサイダー保有率が高く、エンカレジングな取引があることから、Air Products and Chemicalsの関係者は、このビジネスに価値があると考えているようです。このようなインサイダー取引は、株に関する私たちのテーゼを構築するのに役立ちますが、この企業が直面しているリスクを知っておくことも重要です。このために、Air Products and Chemicalsについて私たちが見つけた3つの警告サイン(無視できないものを含む)について学ぶ必要があります。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。