Some ICU Medical, Inc. (NASDAQ:ICUI) shareholders may be a little concerned to see that the Chief Operating Officer, Christian Voigtlander, recently sold a substantial US$1.5m worth of stock at a price of US$107 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.
ICU Medical Insider Transactions Over The Last Year
Notably, that recent sale by Christian Voigtlander is the biggest insider sale of ICU Medical shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$104. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
ICU Medical 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. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
I will like ICU Medical 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 ICU Medical 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. ICU Medical insiders own about US$152m worth of shares (which is 6.1% 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.
What Might The Insider Transactions At ICU Medical Tell Us?
An insider sold ICU Medical shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. 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, ICU Medical has 2 warning signs (and 1 which is a bit unpleasant) we think you should know about.
But note: ICU Medical 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 of direct interests only, but not derivative transactions or indirect interests.
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