Anyone interested in Eos Energy Enterprises, Inc. (NASDAQ:EOSE) should probably be aware that the Independent Director, Jeffrey Bornstein, recently divested US$487k worth of shares in the company, at an average price of US$15.05 each. On the bright side, that sale was only 8.7% of their holding, so we doubt it's very meaningful, on its own.

The Last 12 Months Of Insider Transactions At Eos Energy Enterprises

Over the last year, we can see that the biggest insider sale was by the CEO & Director, Joseph Mastrangelo, for US$1.9m worth of shares, at about US$6.86 per share. That means that even when the share price was below the current price of US$14.79, an insider wanted to cash in some shares. 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 20% of Joseph Mastrangelo's holding.

In the last year Eos Energy Enterprises insiders didn't buy any company stock. 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!

I will like Eos Energy Enterprises better if I see some big insider buys.

Insider Ownership Of Eos Energy Enterprises

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. It appears that Eos Energy Enterprises insiders own 1.5% of the company, worth about US$73m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Eos Energy Enterprises Tell Us?

An insider sold Eos Energy Enterprises shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 4 warning signs (2 are potentially serious!) that you ought to be aware of before buying any shares in Eos Energy Enterprises.

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.