This Insider Has Just Sold Shares In Artivion

Explore Artivion's Fair Values from the Community and select yours

We wouldn't blame Artivion, Inc. (NYSE:AORT) shareholders if they were a little worried about the fact that James Mackin, the Chairman recently netted about US$529k selling shares at an average price of US$42.32. However, that sale only accounted for 1.4% of their holding, so arguably it doesn't say much about their conviction.

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Artivion Insider Transactions Over The Last Year

In fact, the recent sale by Chairman James Mackin was not their only sale of Artivion shares this year. Earlier in the year, they fetched US$27.31 per share in a -US$1.2m sale. That means that an insider was selling shares at slightly below the current price (US$43.02). 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. It is worth noting that this sale was only 6.0% of James Mackin's holding.

Over the last year we saw more insider selling of Artivion shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Artivion

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Does Artivion Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Artivion insiders own 5.7% of the company, worth about US$113m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Artivion Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Artivion. In terms of investment risks, we've identified 1 warning sign with Artivion and understanding this should be part of your investment process.

Of course Artivion 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.

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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.