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President of Qurate Retail David Rawlinson Buys 7.4% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Qurate Retail, Inc. (NASDAQ:QRTE.A) President, David Rawlinson, recently bought US$72k worth of stock, for US$0.72 per share. However, it only increased their shares held by 7.4%, and it wasn't a huge purchase by absolute value, either.

Check out our latest analysis for Qurate Retail

The Last 12 Months Of Insider Transactions At Qurate Retail

In fact, the recent purchase by David Rawlinson was the biggest purchase of Qurate Retail 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$0.73. Of course they may have changed their mind. But this suggests they are optimistic. 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. The good news for Qurate Retail share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was David Rawlinson.

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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!

insider-trading-volume
insider-trading-volume

Qurate Retail 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

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Qurate Retail insiders own 10% 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.

So What Do The Qurate Retail Insider Transactions Indicate?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. When combined with notable insider ownership, these factors suggest Qurate Retail insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Qurate Retail. For instance, we've identified 4 warning signs for Qurate Retail (2 are significant) you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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 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.