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Clinton Lewis Is The CEO & Director of AgroFresh Solutions, Inc. (NASDAQ:AGFS) And They Just Picked Up 61% More Shares

·2-min read

Even if it's not a huge purchase, we think it was good to see that Clinton Lewis, the CEO & Director of AgroFresh Solutions, Inc. (NASDAQ:AGFS) recently shelled out US$93k to buy stock, at US$1.73 per share. Even though that isn't a massive buy, it did increase their holding by 61%, which is arguably a good sign.

See our latest analysis for AgroFresh Solutions

AgroFresh Solutions Insider Transactions Over The Last Year

Notably, that recent purchase by Clinton Lewis is the biggest insider purchase of AgroFresh Solutions shares that we've seen in the last year. That means that even when the share price was higher than US$1.78 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Clinton Lewis.

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!

insider-trading-volume
insider-trading-volume

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

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. Our data suggests AgroFresh Solutions insiders own 3.0% of the company, worth about US$2.8m. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About AgroFresh Solutions Insiders?

The recent insider purchase is heartening. 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. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on AgroFresh Solutions stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing AgroFresh Solutions. Every company has risks, and we've spotted 2 warning signs for AgroFresh Solutions you should know about.

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, but not derivative transactions.

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.

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