Potential Triumph Financial, Inc. (NYSE:TFIN) shareholders may wish to note that insider Todd Ritterbusch recently bought US$469k worth of stock, paying US$67.01 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 67%.

The Last 12 Months Of Insider Transactions At Triumph Financial

The Founder Aaron Graft made the biggest insider purchase in the last 12 months. That single transaction was for US$500k worth of shares at a price of US$55.87 each. That means that an insider was happy to buy shares at around the current price of US$61.60. 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. Happily, the Triumph Financial insiders decided to buy shares at close to current prices.

Over the last year, we can see that insiders have bought 15.95k shares worth US$969k. On the other hand they divested 37.55k shares, for US$2.3m. All up, insiders sold more shares in Triumph Financial than they bought, over the last year. 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!

I will like Triumph Financial better if I see some big insider buys.

Insider Ownership Of Triumph Financial

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Triumph Financial insiders own about US$72m worth of shares. That equates to 4.9% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Triumph Financial Tell Us?

It's certainly positive to see the recent insider purchases. However, the longer term transactions are not so encouraging. The more recent transactions are a positive, but Triumph Financial insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. So they seem pretty well aligned, overall. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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

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.