Insider Buying: Dustin Tonkin Just Spent US$197k On Bluegreen Vacations Holding Corporation (NYSE:BVH) Shares

Simply Wall St
·3 min read

Potential Bluegreen Vacations Holding Corporation (NYSE:BVH) shareholders may wish to note that insider Dustin Tonkin recently bought US$197k worth of stock, paying US$18.79 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 51%, potentially signalling some real optimism.

Check out our latest analysis for Bluegreen Vacations Holding

Bluegreen Vacations Holding Insider Transactions Over The Last Year

In fact, the recent purchase by Dustin Tonkin was the biggest purchase of Bluegreen Vacations Holding 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$20.42. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Bluegreen Vacations Holding share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Dustin Tonkin.

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!

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insider-trading-volume

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

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Bluegreen Vacations Holding insiders own 30% of the company, worth about US$131m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Bluegreen Vacations Holding Insiders?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Bluegreen Vacations Holding. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bluegreen Vacations Holding. Every company has risks, and we've spotted 3 warning signs for Bluegreen Vacations Holding (of which 1 is significant!) you should know about.

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, but not derivative transactions.

This article by Simply Wall St is general in nature. 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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