WEBULL

Academy Sports and Outdoors Insiders Sell US$1.3m Of Stock, Possibly Signalling Caution

Simply Wall St · 01/05 11:03

The fact that multiple Academy Sports and Outdoors, Inc. (NASDAQ:ASO) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, if numerous insiders are selling, shareholders should investigate more.

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.

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Academy Sports and Outdoors Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Independent Director, Brian Marley, for US$1.1m worth of shares, at about US$55.84 per share. So we know that an insider sold shares at around the present share price of US$52.15. 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.

Academy Sports and Outdoors insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Academy Sports and Outdoors

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NasdaqGS:ASO Insider Trading Volume January 5th 2026

I will like Academy Sports and Outdoors 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.

Academy Sports and Outdoors Insiders Are Selling The Stock

Over the last three months, we've seen significant insider selling at Academy Sports and Outdoors. In total, Independent Director Brian Marley dumped US$1.1m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.

Does Academy Sports and Outdoors Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Academy Sports and Outdoors insiders own 1.3% of the company, worth about US$45m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Academy Sports and Outdoors Insiders?

An insider 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 shares, they don't own a heap, and they have been selling. We're in no rush to buy! While it's good to be aware of 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. In terms of investment risks, we've identified 1 warning sign with Academy Sports and Outdoors and understanding this should be part of your investment process.

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.