Calero Miguel Fernandez of Tupperware Brands Corporation (NYSE:TUP) just spent US$197,000 on stock


Potential Tupperware Brands Corporation (NYSE:TUP) Shareholders may want to note that Calero insider Miguel Fernandez recently purchased US$197,000 worth of stock, paying US$19.73 for each share. Although the purchase only increased their stake by 2.1%, it is still a solid purchase in our view.

Check out our latest analysis for Tupperware brands

The last 12 months of insider trading at Tupperware Brands

In fact, the recent purchase by Calero insider Miguel Fernandez wasn’t their only acquisition of Tupperware Brands stock this year. Earlier in the year, they paid US$24.95 per share on a US$499,000 purchase. This means that an insider was happy to buy shares above the current price of US$19.38. Although their perspective has changed since the purchase, it at least suggests that they have confidence in the future of the company. For us, it is very important to consider the price that insiders pay for the shares. Generally, we are more positive about a stock if insiders bought the stock above current prices, as this suggests they viewed the stock as good value, even at a higher price.

While Tupperware Brands insiders have bought shares over the past year, they haven’t sold. You can see a visual representation of insider trading (by companies and individuals) over the past 12 months, below. If you click on the chart, you can see all individual trades including stock price, individual and date!

NYSE: TUP Insider Trading Volume March 5, 2022

Tupperware Brands isn’t the only stock insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider buying, might be just the ticket.

Do Tupperware brands boast of being insider-owned?

Another way to test alignment between a company’s executives and other shareholders is to look at how many shares they own. I think it’s a good sign if insiders have a significant number of shares in the company. It appears that insiders at Tupperware Brands own 5.2% of the company, which is worth around $49 million. We have certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest an alignment between insiders and other shareholders.

What could insider trading at Tupperware Brands tell us?

The recent insider buying is encouraging. We also rely on the longer-term picture of insider trading. Insiders likely see value in Tupperware Brands stock, given these transactions (as well as notable insider ownership of the company). While we like to know what’s going on with insider ownership and trading, we also make sure to consider the risks a stock faces before making any investment decisions. Our analysis shows 2 warning signs for Tupperware brands (1 does not suit us too much!) and we strongly recommend that you consult them before investing.

Sure, you might find a fantastic investment by looking elsewhere. So take a look at this free list of interesting companies.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.


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