Investors may wish to note that the Clerk of the Board & Independent Director of Hingham Institution for Savings, Jacqueline Youngworth, recently netted US$89k from selling stock, receiving an average price of US$295. However we note that the sale only shrunk their holding by 0.9%.

The Last 12 Months Of Insider Transactions At Hingham Institution for Savings

In fact, the recent sale by Clerk of the Board & Independent Director Jacqueline Youngworth was not their only sale of Hingham Institution for Savings shares this year. Earlier in the year, they fetched US$281 per share in a -US$140k sale. That means that even when the share price was slightly below the current price of US$285, an insider wanted to cash in some shares. 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. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 1.4% of Jacqueline Youngworth's holding.

Happily, we note that in the last year insiders paid US$180k for 702.00 shares. But insiders sold 2.50k shares worth US$698k. Jacqueline Youngworth ditched 2.50k shares over the year. The average price per share was US$279. 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!

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Hingham Institution for Savings insiders own about US$87m worth of shares. That equates to 14% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Hingham Institution for Savings Insiders?

An insider hasn't bought Hingham Institution for Savings stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. But it is good to see that Hingham Institution for Savings is growing earnings. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Be aware that Hingham Institution for Savings is showing 2 warning signs in our investment analysis, and 1 of those doesn't sit too well with us...

But note: Hingham Institution for Savings 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.