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Those following along with V.F. Corporation (NYSE:VFC) will no doubt be intrigued by the recent purchase of shares by Richard Carucci, Interim Independent Chairman of Board of the company, who spent a stonking US$764k on stock at an average price of US$19.09. Not only is that a big swing, but it increased their holding size by 34%, which is definitely great to see.
View our latest analysis for V.F
The Last 12 Months Of Insider Transactions At V.F
In fact, the recent purchase by Richard Carucci was the biggest purchase of V.F shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of US$20.61. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the V.F insiders decided to buy shares at close to current prices.
In the last twelve months V.F insiders were buying shares, but not selling. They paid about US$25.40 on average. I'd consider this a positive as it suggests insiders see value at around the current price. 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!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does V.F Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.8% of V.F shares, worth about US$60m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The V.F Insider Transactions Indicate?
It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Insiders likely see value in V.F shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing V.F. Case in point: We've spotted 4 warning signs for V.F you should be aware of, and 2 of these make us uncomfortable.