Viewing insider transactions for Cracker Barrel Old Country Store, Inc.'s (NASDAQ:CBRL ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

We've discovered 4 warning signs about Cracker Barrel Old Country Store. View them for free.

Cracker Barrel Old Country Store Insider Transactions Over The Last Year

Notably, that recent purchase by insider Thomas Claugus was not the only time they bought Cracker Barrel Old Country Store shares this year. Earlier in the year, they paid US$35.94 per share in a US$212k purchase. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$43.57. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Thomas Claugus purchased 11.00k shares over the year. The average price per share was US$37.64. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Cracker Barrel Old Country Store

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Cracker Barrel Old Country Store Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 2.1% of Cracker Barrel Old Country Store shares, worth about US$20m. 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 Cracker Barrel Old Country Store Tell Us?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Cracker Barrel Old Country Store insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Cracker Barrel Old Country Store. You'd be interested to know, that we found 4 warning signs for Cracker Barrel Old Country Store and we suggest you have a look.

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.

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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.