Investors who take an interest in Entravision Communications Corporation (NYSE:EVC) should definitely note that the CEO & Director, Michael Christenson, recently paid US$3.85 per share to buy US$385k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 49%.
Check out our latest analysis for Entravision Communications
Entravision Communications Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Chief Strategy Officer, Juan Von Wuthenau, for US$1.0m worth of shares, at about US$4.64 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$3.95. So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Juan Von Wuthenau.
Happily, we note that in the last year insiders paid US$1.2m for 312.68k shares. But insiders sold 242.59k shares worth US$1.1m. In the last twelve months there was more buying than selling by Entravision Communications insiders. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership Of Entravision Communications
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Entravision Communications insiders own about US$60m worth of shares. That equates to 17% 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.
What Might The Insider Transactions At Entravision Communications Tell Us?
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of Entravision Communications we think they are probably pretty confident of a bright future. 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. Every company has risks, and we've spotted 4 warning signs for Entravision Communications you should know about.
Of course Entravision Communications 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.
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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.