Don't Ignore The Insider Selling In Accelerant Holdings
Accelerant Holdings Class A ARX | 0.00 |
We wouldn't blame Accelerant Holdings (NYSE:ARX) shareholders if they were a little worried about the fact that Jeffrey Radke, the Co-Founder recently netted about US$1.3m selling shares at an average price of US$13.63. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 0.3%.
Accelerant Holdings Insider Transactions Over The Last Year
Notably, that recent sale by Jeffrey Radke is the biggest insider sale of Accelerant Holdings shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$13.46. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
Happily, we note that in the last year insiders paid US$1.9m for 141.05k shares. But insiders sold 94.78k shares worth US$1.3m. Overall, Accelerant Holdings insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
Accelerant Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Insider Ownership Of Accelerant Holdings
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. Accelerant Holdings insiders own about US$662m worth of shares (which is 22% of the company). 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 Accelerant Holdings Tell Us?
An insider sold stock recently, but they haven't been buying. But we take heart from prior transactions. On top of that, insiders own a significant portion of the company. So we're happy to look past recent trading. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Accelerant Holdings. For example - Accelerant Holdings has 1 warning sign we think you should be aware of.
Of course Accelerant Holdings 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.
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.
