Even if it's not a huge purchase, we think it was good to see that Timothy Riddle, the Managing Partner & CEO of Chartwell Investment Partners of TriState Capital Holdings, Inc. (NASDAQ:TSC) recently shelled out US$57k to buy stock, at US$12.68 per share. Although the purchase is not a big one, increasing their shareholding by only 1.7%, it can be interpreted as a good sign.

Check out our latest analysis for TriState Capital Holdings

The Last 12 Months Of Insider Transactions At TriState Capital Holdings

Over the last year, we can see that the biggest insider purchase was by Chairman James Getz for US$495k worth of shares, at about US$19.80 per share. That means that an insider was happy to buy shares at above the current price of US$13.25. 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. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months TriState Capital Holdings insiders were buying shares, but not selling. The average buy price was around US$17.62. These transactions suggest that insiders have considered the current price attractive. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

TriState Capital Holdings 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.

Does TriState Capital Holdings Boast High 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 TriState Capital Holdings insiders own 8.4% of the company, worth about US$33m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At TriState Capital Holdings Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in TriState Capital Holdings shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that TriState Capital Holdings has 1 warning sign and it would be unwise to ignore it.

Of course TriState Capital Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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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