STOCK NOW CommScope Holding Company President Acquires 17% More Stock

CommScope Holding Company President Acquires 17% More Stock

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Investors who take an interest in CommScope Holding Company, Inc. (NASDAQ:COMM) should definitely note that the President, Charles Treadway, recently paid US$1.63 per share to buy US$250k worth of the stock. That’s a very decent purchase to our minds and it grew their holding by a solid 17%.

View our latest analysis for CommScope Holding Company

CommScope Holding Company Insider Transactions Over The Last Year

In fact, the recent purchase by Charles Treadway was the biggest purchase of CommScope Holding Company shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$1.72 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s future. 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 CommScope Holding Company share holders is that insiders were buying at near the current price.

While CommScope Holding Company insiders bought shares during the last year, they didn’t sell. Their average price was about US$2.81. 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. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

NasdaqGS:COMM Insider Trading Volume November 22nd 2023

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).

Insider Ownership Of CommScope Holding Company

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. CommScope Holding Company insiders own about US$11m worth of shares. That equates to 2.7% of the company. 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 CommScope Holding Company Tell Us?

It’s certainly positive to see the recent insider purchases. 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. Insiders likely see value in CommScope Holding Company shares, given these transactions (along with notable insider ownership of the company). While we like knowing what’s going on with the insider’s ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. When we did our research, we found 3 warning signs for CommScope Holding Company (2 can’t be ignored!) that we believe deserve your full attention.

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.

Valuation is complex, but we’re helping make it simple.

Find out whether CommScope Holding Company is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

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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