We'd be surprised if Alamo Group Inc. (NYSE:ALG) shareholders haven't noticed that the Executive Vice President of Vegetation Management Division, Richard Raborn, recently sold US$212k worth of stock at US$137 per share. That sale was 15% of their holding, so it does make us raise an eyebrow.

View our latest analysis for Alamo Group

The Last 12 Months Of Insider Transactions At Alamo Group

Over the last year, we can see that the biggest insider sale was by the Director, Ronald Robinson, for US$1.3m worth of shares, at about US$156 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$140. So it may not tell us anything about how insiders feel about the current share price.

In total, Alamo Group insiders sold more than they bought over the last year. 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!

I will like Alamo Group better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership Of Alamo Group

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. Alamo Group insiders own about US$40m worth of shares. That equates to 2.4% of the company. 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 Alamo Group Insider Transactions Indicate?

The insider sales have outweighed the insider buying, at Alamo Group, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Alamo Group is profitable and growing, we're not too worried by this. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Alamo Group. For instance, we've identified 2 warning signs for Alamo Group (1 is concerning) you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

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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.