Some BOK Financial Corporation (NASDAQ:BOKF) shareholders may be a little concerned to see that insider Steven Bangert recently sold a substantial US$524k worth of stock at a price of US$138 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 7.7%.

BOK Financial Insider Transactions Over The Last Year

In fact, the recent sale by Steven Bangert was the biggest sale of BOK Financial shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$130. 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.

Steven Bangert divested 15.80k shares over the last 12 months at an average price of US$113. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of BOK Financial

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that BOK Financial insiders own 64% of the company, worth about US$5.0b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The BOK Financial Insider Transactions Indicate?

An insider sold BOK Financial shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. On the plus side, BOK Financial makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BOK Financial.

But note: BOK Financial 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.