VOXX International President & Co-Vice Chairman Beat Kahli Sells 33% Of Holding

VOXX International Corporation Class A Delist

VOXX International Corporation Class A

VOXX

7.50

Delist

Some VOXX International Corporation (NASDAQ:VOXX) shareholders may be a little concerned to see that the President & Co-Vice Chairman, Beat Kahli, recently sold a substantial US$2.0m worth of stock at a price of US$10.00 per share. That's a big disposal, and it decreased their holding size by 33%, which is notable but not too bad.

View our latest analysis for VOXX International

VOXX International Insider Transactions Over The Last Year

Notably, that recent sale by Beat Kahli is the biggest insider sale of VOXX International 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$9.51. While insider selling is a negative, to us, it is more negative if the shares are sold 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).

Beat Kahli ditched 402.50k shares over the year. The average price per share was US$10.00. 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!

insider-trading-volume
NasdaqGS:VOXX Insider Trading Volume January 11th 2024

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of VOXX International

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that VOXX International insiders own 25% of the company, worth about US$61m. 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 VOXX International Tell Us?

An insider hasn't bought VOXX International stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. 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 VOXX International. For example - VOXX International has 2 warning signs we think you should be aware of.

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.

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