We wouldn't blame Teledyne Technologies Incorporated (NYSE:TDY) shareholders if they were a little worried about the fact that Simon Lorne, the Independent Director recently netted about US$4.4m selling shares at an average price of US$680. That sale reduced their total holding by 11% which is hardly insignificant, but far from the worst we've seen.

Teledyne Technologies Insider Transactions Over The Last Year

In fact, the recent sale by Simon Lorne was the biggest sale of Teledyne Technologies shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$674. 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 Teledyne Technologies insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Does Teledyne Technologies Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Teledyne Technologies insiders own about US$294m worth of shares (which is 0.9% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Teledyne Technologies Tell Us?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that Teledyne Technologies is growing earnings. 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Teledyne Technologies. While conducting our analysis, we found that Teledyne Technologies has 1 warning sign and it would be unwise to ignore this.

Of course Teledyne Technologies may not be the best stock to buy. So you may wish to see this free collection of high quality 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.