Investors may wish to note that the Executive VP & Chief Banking Officer of Pioneer Bancorp, Inc., Jesse Tomczak, recently netted US$79k from selling stock, receiving an average price of US$14.69. On the bright side, that's just a small sale and only reduced their holding by 9.3%.

The Last 12 Months Of Insider Transactions At Pioneer Bancorp

Notably, that recent sale by Jesse Tomczak is the biggest insider sale of Pioneer Bancorp shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$14.40. 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.

The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Pioneer Bancorp better if I see some big insider buys.

Does Pioneer Bancorp Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 2.0% of Pioneer Bancorp shares, worth about US$7.1m, according to our data. But they may have an indirect interest through a corporate structure that we haven't picked up on. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Pioneer Bancorp Insiders?

An insider sold Pioneer Bancorp shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But it is good to see that Pioneer Bancorp is growing earnings. When you combine this with the relatively low insider ownership, we are very cautious about the stock. We'd certainly practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Pioneer Bancorp. While conducting our analysis, we found that Pioneer Bancorp has 1 warning sign and it would be unwise to ignore it.

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.