American Axle & Manufacturing Holdings Insiders Sold US$1.1m Of Shares Suggesting Hesitancy

American Axle & Manufacturing Holdings, Inc. +0.63%

American Axle & Manufacturing Holdings, Inc.

AXL

7.95

+0.63%

Many American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for American Axle & Manufacturing Holdings

American Axle & Manufacturing Holdings Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Norman Willemse, sold US$533k worth of shares at a price of US$9.00 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$8.11. So it may not tell us anything about how insiders feel about the current share price.

In the last year American Axle & Manufacturing Holdings insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NYSE:AXL Insider Trading Volume January 30th 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 American Axle & Manufacturing Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 2.3% of American Axle & Manufacturing Holdings shares, worth about US$22m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The American Axle & Manufacturing Holdings Insider Transactions Indicate?

It doesn't really mean much that no insider has traded American Axle & Manufacturing Holdings shares in the last quarter. Our analysis of American Axle & Manufacturing Holdings insider transactions leaves us cautious. But it's good to see that insiders own shares in the company. 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. For example, American Axle & Manufacturing Holdings has 2 warning signs (and 1 which is significant) we think you should know about.

Of course American Axle & Manufacturing Holdings 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.

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via