Even though Zevia PBC (NYSE:ZVIA) has fallen by 10% over the past week , insiders who sold US$802k worth of stock over the past year have had less luck. Given that the average selling price of US$1.88 is still lower than the current share price, insiders would probably have been better off keeping their shares.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

Zevia PBC Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Independent Director, Padraic Spence, for US$529k worth of shares, at about US$2.64 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$1.50. So it may not shed much light on insider confidence at current levels.

In the last year Zevia PBC insiders didn't buy any company stock. 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!

I will like Zevia PBC better if I see some big insider buys.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, Zevia PBC insiders have about 4.2% of the stock, worth approximately US$5.0m. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About Zevia PBC Insiders?

It doesn't really mean much that no insider has traded Zevia PBC shares in the last quarter. Our analysis of Zevia PBC insider transactions leaves us unenthusiastic. And usually insiders own more stock in the company, according to our data. 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.

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.