We wouldn't blame Slide Insurance Holdings, Inc. (NASDAQ:SLDE) shareholders if they were a little worried about the fact that Beth Bruce, the Independent Director recently netted about US$886k selling shares at an average price of US$18.86. That's a big disposal, and it decreased their holding size by 21%, which is notable but not too bad.

Slide Insurance Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Beth Bruce is the biggest insider sale of Slide Insurance Holdings shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$18.69. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Slide Insurance Holdings 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 Slide Insurance Holdings better if I see some big insider buys.

Does Slide Insurance Holdings Boast High 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. Slide Insurance Holdings insiders own 41% of the company, currently worth about US$877m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Slide Insurance Holdings Insider Transactions Indicate?

Insiders haven't bought Slide Insurance Holdings stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. But since Slide Insurance Holdings is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision.

But note: Slide Insurance Holdings 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.