Have Insiders Sold GRAIL Shares Recently?
Some GRAIL, Inc. (NASDAQ:GRAL) shareholders may be a little concerned to see that the CFO & Head of Corporate Development, Aaron Freidin, recently sold a substantial US$3.5m worth of stock at a price of US$146 per share. That's a big disposal, and it decreased their holding size by 17%, which is notable but not too bad.
The Last 12 Months Of Insider Transactions At GRAIL
Over the last year, we can see that the biggest insider sale was by the Advisor, Robert Ragusa, for US$6.2m worth of shares, at about US$49.92 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$133. 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 29% of Robert Ragusa's holding.
Insiders in GRAIL 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!
Check out our latest analysis for GRAIL
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Does GRAIL 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 GRAIL insiders own 1.9% of the company, worth about US$111m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At GRAIL Tell Us?
Insiders haven't bought GRAIL stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that GRAIL is showing 5 warning signs in our investment analysis, and 1 of those is significant...
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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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.