President of Mativ Holdings Shruti Singhal Buys 242% More Shares

Investors who take an interest in Mativ Holdings, Inc. (NYSE:MATV) should definitely note that the President, Shruti Singhal, recently paid US$5.76 per share to buy US$230k worth of the stock. That certainly has us anticipating the best, especially since they thusly increased their own holding by 242%, potentially signalling some real optimism.

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The Last 12 Months Of Insider Transactions At Mativ Holdings

Notably, that recent purchase by Shruti Singhal is the biggest insider purchase of Mativ Holdings shares that we've seen in the last year. That means that even when the share price was higher than US$5.72 (the recent price), an insider wanted to purchase shares. 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 always take careful note of the price insiders pay when purchasing shares. 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.

Over the last year, we can see that insiders have bought 52.50k shares worth US$320k. But they sold 12.00k shares for US$214k. In the last twelve months there was more buying than selling by Mativ Holdings insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Mativ Holdings

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Mativ Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that Mativ Holdings insiders own about US$8.3m worth of shares (which is 2.7% of the company). Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The Mativ Holdings Insider Transactions Indicate?

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. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Mativ Holdings insiders are expecting a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Mativ Holdings has 2 warning signs we think you should be aware of.

Of course Mativ 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 of direct interests only, but not derivative transactions or indirect interests.

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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.