We'd be surprised if RBC Bearings Incorporated (NASDAQ:ROLL) shareholders haven't noticed that the Independent Director, Steven Kaplan, recently sold US$128k worth of stock at US$257 per share. On the bright side, that sale was only 6.9% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for RBC Bearings

The Last 12 Months Of Insider Transactions At RBC Bearings

The , Patrick Bannon, made the biggest insider sale in the last 12 months. That single transaction was for US$1.1m worth of shares at a price of US$180 each. That means that even when the share price was below the current price of US$229, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 33% of Patrick Bannon's stake.

Insiders in RBC Bearings didn't buy any shares in the last year. 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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does RBC Bearings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that RBC Bearings insiders own 1.8% of the company, worth about US$121m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The RBC Bearings Insider Transactions Indicate?

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. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing RBC Bearings. For instance, we've identified 5 warning signs for RBC Bearings (1 is significant) you should be aware of.

But note: RBC Bearings 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, 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.