Container Store Group Insiders Lose Out As Stock Sinks To US$1.77

Container Store Group Insiders Lose Out As Stock Sinks To US$1.77

Insiders who bought US$400.5k worth of The Container Store Group, Inc.'s (NYSE:TCS) stock at an average buy price of US$2.38 over the last year may be disappointed by the recent 27% decrease in the stock. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only US$297.6k.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Container Store Group

The Last 12 Months Of Insider Transactions At Container Store Group

The CEO, President & Director Satish Malhotra made the biggest insider purchase in the last 12 months. That single transaction was for US$76k worth of shares at a price of US$2.61 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$1.77). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

In the last twelve months Container Store Group insiders were buying shares, but not selling. 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!

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NYSE:TCS Insider Trading Volume January 12th 2024

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.

Container Store Group Insiders Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at Container Store Group. CEO, President & Director Satish Malhotra bought US$30k worth of shares in that time. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Does Container Store Group Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that Container Store Group insiders own about US$4.7m worth of shares (which is 5.0% of the company). We do generally prefer see higher levels of insider ownership.