Some EOG Resources, Inc. (NYSE:EOG) shareholders may be a little concerned to see that the CEO & Chairman, Ezra Yacob, recently sold a substantial US$5.5m worth of stock at a price of US$152 per share. That's a big disposal, and it decreased their holding size by 13%, which is notable but not too bad.

The Last 12 Months Of Insider Transactions At EOG Resources

In fact, the recent sale by Ezra Yacob was the biggest sale of EOG Resources shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of US$145. 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.

In the last year EOG Resources 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 want to know exactly who sold, for how much, and when, simply click on the graph below!

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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. We usually like to see fairly high levels of insider ownership. It's great to see that EOG Resources insiders own 0.2% of the company, worth about US$143m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About EOG Resources Insiders?

Insiders haven't bought EOG Resources 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, EOG Resources 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 EOG Resources.

Of course EOG Resources 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.