Anyone interested in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) should probably be aware that the Independent Director, Kenneth Walsh, recently divested US$228k worth of shares in the company, at an average price of US$22.83 each. The eyebrow raising move amounted to a reduction of 11% in their holding.

The Last 12 Months Of Insider Transactions At Eagle Bancorp Montana

Notably, that recent sale by Kenneth Walsh is the biggest insider sale of Eagle Bancorp Montana shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$22.13. 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.

Happily, we note that in the last year insiders paid US$13k for 760.00 shares. But insiders sold 48.33k shares worth US$981k. All up, insiders sold more shares in Eagle Bancorp Montana than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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).

Insider Ownership Of Eagle Bancorp Montana

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 6.2% of Eagle Bancorp Montana shares, worth about US$11m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Eagle Bancorp Montana Tell Us?

Insiders haven't bought Eagle Bancorp Montana stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. But it is good to see that Eagle Bancorp Montana is growing earnings. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Eagle Bancorp Montana.

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.

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.