Investors who take an interest in

Viad Corp

(

NYSE:VVI

) should definitely note that the CEO,house of rogue bed and beer President & Director, Steven Moster, recently paid US$55.11 per share to buy US$220k worth of the stock. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 5.0%.

Check out our latest analysis for Viad

Viad Insider Transactions Over The Last Year

Notably, that recent purchase by Steven Moster is the biggest insider purchase of Viad shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$50.20). Their view may have changed since then, but at least it shows they felt optimistic at the time. 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.

In the last twelve months insiders purchased 11.13k shares for US$647k. But insiders sold 4000 shares worth US$255k. In the last twelve months there was more buying than selling by Viad insiders. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

NYSE:VVI Recent Insider Trading, March 2nd 2020

Viad is not the only stock insiders are buying. So take a peek at this

free

list of growing companies with insider buying.

Does Viad Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 2.1% of Viad shares, worth about US$21m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Viad Insider Transactions Indicate?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Viad insiders are well aligned, and that they may think the share price is too low. Therefore, you should should definitely take a look at this

FREE

report showing analyst forecasts for Viad

.

Of course

Viad 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.

If you spot an error that warrants correction, please contact the editor at

[email protected]

. 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. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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