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Don't Ignore The Insider Selling In NV5 Global

NV5グローバルのインサイダー売却を無視しないでください

Simply Wall St ·  2023/11/19 07:38

Anyone interested in NV5 Global, Inc. (NASDAQ:NVEE) should probably be aware that the Executive VP & General Counsel, Richard Tong, recently divested US$307k worth of shares in the company, at an average price of US$96.81 each. That sale was 16% of their holding, so it does make us raise an eyebrow.

See our latest analysis for NV5 Global

The Last 12 Months Of Insider Transactions At NV5 Global

In the last twelve months, the biggest single sale by an insider was when the Independent Director, Francois Tardan, sold US$643k worth of shares at a price of US$140 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$98.75. So it may not shed much light on insider confidence at current levels.

NV5 Global insiders didn't buy any shares 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!

insider-trading-volume
NasdaqGS:NVEE Insider Trading Volume November 19th 2023

I will like NV5 Global better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does NV5 Global Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. NV5 Global insiders own about US$193m worth of shares (which is 12% of the company). 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 NV5 Global Insider Transactions Indicate?

An insider hasn't bought NV5 Global stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. In terms of investment risks, we've identified 3 warning signs with NV5 Global and understanding these should be part of your investment process.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

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