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Insiders Who Sold Americold Realty Trust, Inc.'s (NYSE:COLD) Earlier This Year Didn't Have to Weather This Week's 6.7% Slide

Simply Wall St ·  Sep 22, 2022 08:11

Americold Realty Trust, Inc.'s (NYSE:COLD) stock price has dropped 6.7% in the previous week, but insiders who sold US$514k in stock over the past year have had less luck. Given that the average selling price of US$26.62 is still lower than the current share price, insiders would probably have been better off keeping their shares.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Americold Realty Trust

The Last 12 Months Of Insider Transactions At Americold Realty Trust

The Chief Accounting Officer & Senior VP, Thomas Novosel, made the biggest insider sale in the last 12 months. That single transaction was for US$176k worth of shares at a price of US$27.52 each. That means that an insider was selling shares at around the current price of US$27.05. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Over the last year we saw more insider selling of Americold Realty Trust shares, than buying. 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!

insider-trading-volumeNYSE:COLD Insider Trading Volume September 22nd 2022

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Americold Realty Trust

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 appears that Americold Realty Trust insiders own 0.3% of the company, worth about US$24m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Americold Realty Trust Insider Transactions Indicate?

The fact that there have been no Americold Realty Trust insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by Americold Realty Trust insiders. The modest level of insider ownership is, at least, some comfort. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example, Americold Realty Trust has 3 warning signs (and 1 which is potentially serious) we think you should know about.

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.

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