Insider Buying: The Camping World Holdings, Inc. (NYSE:CWH) Chairman & CEO Just Bought US$100k Worth Of Shares
NYSE:CWH) should definitely note that the Chairman & CEO, Marcus Lemonis, recently paid US$32.56 per share to buy US$100k worth of the stock. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.” data-reactid=”28″>Investors who take an interest in Camping World Holdings, Inc. (NYSE:CWH) should definitely note that the Chairman & CEO, Marcus Lemonis, recently paid US$32.56 per share to buy US$100k worth of the stock. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.
View our latest analysis for Camping World Holdings ” data-reactid=”29″>View our latest analysis for Camping World Holdings
The Last 12 Months Of Insider Transactions At Camping World Holdings
In fact, the recent purchase by Chairman & CEO Marcus Lemonis was not their only acquisition of Camping World Holdings shares this year. They previously made an even bigger purchase of US$633k worth of shares at a price of US$6.33 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$33.27. Because it occurred at a lower valuation, it doesn’t tell us much about whether insiders might find today’s price attractive.
In the last twelve months Camping World Holdings insiders were buying shares, but not selling. Their average price was about US$11.08. We don’t deny that it is nice to see insiders buying stock in the company. However, we do note that they were buying at significantly lower prices than today’s share price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
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Insider Ownership
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. I reckon it’s a good sign if insiders own a significant number of shares in the company. It appears that Camping World Holdings insiders own 1.0% of the company, worth about US$30m. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Camping World Holdings Tell Us?
3 warning signs for Camping World Holdings (1 is concerning!) that we believe deserve your full attention.” data-reactid=”53″>The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. But we don’t feel the same about the fact the company is making losses. Insiders likely see value in Camping World Holdings shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. When we did our research, we found 3 warning signs for Camping World Holdings (1 is concerning!) that we believe deserve your full attention.
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Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”60″>This article by Simply Wall St is general in nature. 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.
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