Some Evercore Inc. (NYSE:EVR) shareholders may be a little concerned to see that the Senior MD, Jason Klurfeld, recently sold a substantial US$1.8m worth of stock at a price of US$360 per share. That diminished their holding by a very significant 54%, which arguably implies a strong desire to reallocate capital.

The Last 12 Months Of Insider Transactions At Evercore

In the last twelve months, the biggest single sale by an insider was when the Senior MD & CFO, Timothy LaLonde, sold US$2.5m worth of shares at a price of US$295 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$346. 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 40% of Timothy LaLonde's stake.

Insiders in Evercore didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership Of Evercore

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. Evercore insiders own 5.0% of the company, currently worth about US$723m based on the recent share price. 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 Do The Evercore Insider Transactions Indicate?

Insiders haven't bought Evercore 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 it is good to see that Evercore is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. 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 Evercore has 1 warning sign and it would be unwise to ignore this.

Of course Evercore 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.