Have Insiders Sold Capital City Bank Group Shares Recently?
Capital City Bank Group, Inc. CCBG | 0.00 |
We'd be surprised if Capital City Bank Group, Inc. (NASDAQ:CCBG) shareholders haven't noticed that the President, Thomas Barron, recently sold US$278k worth of stock at US$46.38 per share. However, the silver lining is that the sale only reduced their total holding by 3.0%, so we're hesitant to read anything much into it, on its own.
The Last 12 Months Of Insider Transactions At Capital City Bank Group
Notably, that recent sale by President Thomas Barron was not the only time they sold Capital City Bank Group shares this year. Earlier in the year, they fetched US$41.06 per share in a -US$328k sale. That means that an insider was selling shares at slightly below the current price (US$45.64). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. 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. We note that the biggest single sale was only 4.1% of Thomas Barron's holding.
Thomas Barron ditched 14.00k shares over the year. The average price per share was US$43.34. 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!
I will like Capital City Bank Group better if I see some big insider buys.
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Capital City Bank Group insiders own 20% of the company, worth about US$157m. 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 Does This Data Suggest About Capital City Bank Group Insiders?
An insider hasn't bought Capital City Bank Group 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. On the plus side, Capital City Bank Group makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Capital City Bank Group. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Capital City Bank Group.
But note: Capital City Bank Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
