PVH Corp. (NYSE:PVH) insiders have profited after buying stock worth US$1.2m last year, current gains stand at US$587k
PVH Corp. (NYSE:PVH) insiders who acquired shares over the previous 12 months, can probably afford to ignore the recent 13% decline in the stock price. Even after accounting for the recent loss, the US$1.2m worth of stock purchased by them is now worth US$1.8m 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 PVH
The Last 12 Months Of Insider Transactions At PVH
Over the last year, we can see that the biggest insider purchase was by CEO & Director Stefan Larsson for US$1.0m worth of shares, at about US$53.94 per share. Even though the purchase was made at a significantly lower price than the recent price (US$80.29), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
Over the last year, we can see that insiders have bought 22.25k shares worth US$1.2m. On the other hand they divested 6.60k shares, for US$507k. In total, PVH insiders bought more than they sold over the last year. 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!
PVH 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.
Insiders At PVH Have Sold Stock Recently
The last three months saw significant insider selling at PVH. In total, insiders dumped US$470k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.
Insider Ownership Of PVH
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. Insiders own 0.4% of PVH shares, worth about US$18m. 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 PVH Tell Us?
Insiders haven't bought PVH stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. We like that insiders own a fair amount of the company. So the recent selling doesn't worry us too much. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing PVH. At Simply Wall St, we found 2 warning signs for PVH that deserve your attention before buying any shares.
But note: PVH 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.
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