We wouldn't blame SharkNinja, Inc. (NYSE:SN) shareholders if they were a little worried about the fact that CJ Xuning Wang, the Refounder & Chairperson recently netted about US$401m selling shares at an average price of US$150. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 4.8%.

SharkNinja Insider Transactions Over The Last Year

Notably, that recent sale by CJ Xuning Wang is the biggest insider sale of SharkNinja shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$150. 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.

In the last year SharkNinja 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. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like SharkNinja better if I see some big insider buys.

Does SharkNinja Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. SharkNinja insiders own about US$8.7b worth of shares (which is 41% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About SharkNinja Insiders?

Insiders haven't bought SharkNinja stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. But since SharkNinja is profitable and growing, we're not too worried by this. 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. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that SharkNinja has 1 warning sign and it would be unwise to ignore this.

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.