Some Acadian Asset Management Inc. (NYSE:AAMI) shareholders may be a little concerned to see that the Chief Legal & Administrative Officer and Secretary, Richard Hart, recently sold a substantial US$6.7m worth of stock at a price of US$66.97 per share. That diminished their holding by a very significant 58%, which arguably implies a strong desire to reallocate capital.

The Last 12 Months Of Insider Transactions At Acadian Asset Management

In fact, the recent sale by Richard Hart was the biggest sale of Acadian Asset Management 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$66.53. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Acadian Asset Management insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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 Of Acadian Asset Management

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Acadian Asset Management insiders own about US$39m worth of shares. That equates to 1.6% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Acadian Asset Management Tell Us?

Insiders haven't bought Acadian Asset Management 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. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Acadian Asset Management. At Simply Wall St, we've found that Acadian Asset Management has 3 warning signs (2 are significant!) that deserve your attention before going any further with your analysis.

But note: Acadian Asset Management 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.