Some Satellogic Inc. (NASDAQ:SATL) shareholders may be a little concerned to see that the Founder, Emiliano Kargieman, recently sold a substantial US$537k worth of stock at a price of US$3.77 per share. However, that sale only accounted for 5.1% of their holding, so arguably it doesn't say much about their conviction.

Satellogic Insider Transactions Over The Last Year

Notably, that recent sale by Emiliano Kargieman is the biggest insider sale of Satellogic shares that we've seen in the last year. That means that an insider was selling shares at below the current price (US$3.83). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. 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. This single sale was just 5.1% of Emiliano Kargieman's stake.

Emiliano Kargieman divested 337.25k shares over the last 12 months at an average price of US$3.76. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Satellogic better if I see some big insider buys.

Does Satellogic Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Satellogic insiders own 13% of the company, worth about US$50m. 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 Satellogic Tell Us?

An insider hasn't bought Satellogic stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! 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.