Whilst it may not be a huge deal, we thought it was good to see that the HomeTrust Bancshares, Inc. (NASDAQ:HTBI) Independent Director, Robert James, recently bought US$57k worth of stock, for US$22.81 per share. That purchase might not be huge but it did increase their holding by 22%.

See our latest analysis for HomeTrust Bancshares

The Last 12 Months Of Insider Transactions At HomeTrust Bancshares

In fact, the recent purchase by Robert James was the biggest purchase of HomeTrust Bancshares 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$23.49. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider bought shares at close to current prices. Robert James was the only individual insider to buy during the last year.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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).

Does HomeTrust Bancshares Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that HomeTrust Bancshares insiders own 4.4% of the company, worth about US$16m. 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 HomeTrust Bancshares Tell Us?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest HomeTrust Bancshares insiders are well aligned, and that they may think the share price is too low. Of course, the future is what matters most. So if you are interested in HomeTrust Bancshares, you should check out this free report on analyst forecasts for the company.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

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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.