Some Federated Hermes, Inc. (NYSE:FHI) shareholders may be a little concerned to see that insider Saker Nusseibeh recently sold a substantial US$728k worth of stock at a price of US$48.54 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 8.7%.

Federated Hermes Insider Transactions Over The Last Year

In fact, the recent sale by Saker Nusseibeh was the biggest sale of Federated Hermes shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below the current price (US$49.57). 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. We note that the biggest single sale was only 8.7% of Saker Nusseibeh's holding.

Insiders in Federated Hermes didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Federated Hermes insiders own 4.6% of the company, currently worth about US$165m 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.

What Might The Insider Transactions At Federated Hermes Tell Us?

An insider sold Federated Hermes shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Federated Hermes is profitable and growing, we're not too worried by this. 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. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Federated Hermes.

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.