Some Entravision Communications Corporation (NYSE:EVC) shareholders may be a little concerned to see that the Board Chair & Lead Independent Director, Paul Zevnik, recently sold a substantial US$3.1m worth of stock at a price of US$9.67 per share. That's a big disposal, and it decreased their holding size by 11%, which is notable but not too bad.

The Last 12 Months Of Insider Transactions At Entravision Communications

Over the last year, we can see that the biggest insider sale was by the insider, Alexandra Seros, for US$10m worth of shares, at about US$9.03 per share. That means that an insider was selling shares at slightly below the current price (US$9.86). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 10% of Alexandra Seros's stake.

In the last year Entravision Communications insiders didn't buy any company stock. 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!

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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. Entravision Communications insiders own 14% of the company, currently worth about US$130m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Entravision Communications Insider Transactions Indicate?

Insiders sold Entravision Communications shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Entravision Communications. Be aware that Entravision Communications is showing 5 warning signs in our investment analysis, and 3 of those are a bit unpleasant...

Of course Entravision Communications 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.