THOR Industries Insider Lowered Holding By 25% During Last Year

Simply Wall St · 03/25 10:49

From what we can see, insiders were net sellers in THOR Industries, Inc.'s (NYSE:THO ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for THOR Industries

The Last 12 Months Of Insider Transactions At THOR Industries

Over the last year, we can see that the biggest insider sale was by the insider, Kenneth Julian, for US$1.1m worth of shares, at about US$111 per share. So what is clear is that an insider saw fit to sell at around the current price of US$110. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. The only individual insider seller over the last year was Kenneth Julian.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

NYSE:THO Insider Trading Volume March 25th 2024

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does THOR Industries Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. THOR Industries insiders own about US$560m worth of shares (which is 9.5% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The THOR Industries Insider Transactions Indicate?

It doesn't really mean much that no insider has traded THOR Industries shares in the last quarter. While we feel good about high insider ownership of THOR Industries, we can't say the same about the selling of shares. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for THOR Industries that deserve your attention before buying any shares.

Of course THOR Industries 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 of direct interests only, but not derivative transactions or indirect interests.