Independent Chairman of the Board of Xerox Holdings A. Letier Buys 101% More Shares

Investors who take an interest in Xerox Holdings Corporation (NASDAQ:XRX) should definitely note that the Independent Chairman of the Board, A. Letier, recently paid US$3.95 per share to buy US$117k worth of the stock. We reckon that's a good sign, especially since the purchase boosted their holding by 101%.

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Xerox Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by A. Letier is the biggest insider purchase of Xerox Holdings shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$4.17. Of course they may have changed their mind. But this suggests they are optimistic. 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. The good news for Xerox Holdings share holders is that insiders were buying at near the current price.

In the last twelve months Xerox Holdings insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Xerox Holdings

Xerox Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does Xerox Holdings 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. Xerox Holdings insiders own about US$39m worth of shares. That equates to 7.6% of the company. 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 Xerox Holdings Tell Us?

The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Given that insiders also own a fair bit of Xerox Holdings we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Xerox Holdings. For example, Xerox Holdings has 4 warning signs (and 2 which are significant) we think you should know about.

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 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.