Insiders who purchased Mobileye Global Inc. (NASDAQ:MBLY) shares in the past 12 months are unlikely to be deeply impacted by the stock's 6.0% decline over the past week. Even after accounting for the recent loss, the US$17m worth of stock purchased by them is now worth US$31m or in other words, their investment continues to give good returns.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Mobileye Global
The Last 12 Months Of Insider Transactions At Mobileye Global
Over the last year, we can see that the biggest insider purchase was by CEO, President & Director Amnon Shashua for US$10m worth of shares, at about US$21.00 per share. We do like to see buying, but this purchase was made at well below the current price of US$39.27. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Mobileye Global insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Mobileye Global is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Does Mobileye Global Boast High Insider Ownership?
Many investors like to check how much of a company is owned by 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. Mobileye Global insiders own about US$31m worth of shares. That equates to 0.1% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At Mobileye Global Tell Us?
It doesn't really mean much that no insider has traded Mobileye Global shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Mobileye Global and their transactions don't cause us concern. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
But note: Mobileye Global 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, but not derivative transactions.
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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.