Have Regional Management Insiders Been Selling Stock?
Investors may wish to note that the Senior VP of Regional Management Corp., Catherine Atwood, recently netted US$97k from selling stock, receiving an average price of US$37.39. However we note that the sale only shrunk their holding by 5.5%.
The Last 12 Months Of Insider Transactions At Regional Management
The Director, Michael Dunn, made the biggest insider sale in the last 12 months. That single transaction was for US$375k worth of shares at a price of US$37.46 each. That means that an insider was selling shares at slightly below the current price (US$38.78). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 8.8% of Michael Dunn's holding.
All up, insiders sold more shares in Regional Management than they bought, over 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 Regional Management
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 Regional Management Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Regional Management insiders own about US$36m worth of shares. That equates to 10% of the company. 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 Regional Management Insiders?
It is good to see the recent insider purchase. However, the longer term transactions are not so encouraging. The more recent transactions are a positive, but Regional Management insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. Overall they seem reasonably aligned. 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. You'd be interested to know, that we found 1 warning sign for Regional Management 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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