Executive VP & CFO William Voss Sold A Bunch Of Shares In Triumph Financial

We wouldn't blame Triumph Financial, Inc. (NASDAQ:TFIN) shareholders if they were a little worried about the fact that William Voss, the Executive VP & CFO recently netted about US$962k selling shares at an average price of US$83.57. That diminished their holding by a very significant 63%, which arguably implies a strong desire to reallocate capital.

View our latest analysis for Triumph Financial

Triumph Financial Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Founder, Aaron Graft, sold US$3.3m worth of shares at a price of US$65.79 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$83.98. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 21% of Aaron Graft's holding.

Insiders in Triumph Financial didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Triumph Financial better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Triumph Financial 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. It's great to see that Triumph Financial insiders own 5.4% of the company, worth about US$106m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Triumph Financial Insiders?

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 2 warning signs for Triumph Financial and we suggest you have a look.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

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