We wouldn't blame Hamilton Lane Incorporated (NASDAQ:HLNE) shareholders if they were a little worried about the fact that Hartley Rogers, the Executive Co-Chairman recently netted about US$1.6m selling shares at an average price of US$159. That diminished their holding by a very significant 100%, which arguably implies a strong desire to reallocate capital.

Hamilton Lane Insider Transactions Over The Last Year

Notably, that recent sale by Hartley Rogers is the biggest insider sale of Hamilton Lane 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$156. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. 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 Hamilton Lane

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Hamilton Lane insiders own 3.8% of the company, currently worth about US$332m 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 Does This Data Suggest About Hamilton Lane Insiders?

An insider hasn't bought Hamilton Lane stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But it is good to see that Hamilton Lane is growing earnings. 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Hamilton Lane. For example - Hamilton Lane has 1 warning sign we think you should be aware of.

Of course Hamilton Lane 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.