Stock Analysis

This Insider Has Just Sold Shares In World Fuel Services Corporation (NYSE:INT)

NYSE:WKC
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Some World Fuel Services Corporation (NYSE:INT) shareholders may be a little concerned to see that the Independent Chairman Emeritus, Paul Stebbins, recently sold a substantial US$545k worth of stock at a price of US$27.25 per share. However, that sale only accounted for 5.2% of their holding, so arguably it doesn't say much about their conviction.

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World Fuel Services Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Chairman & CEO, Michael Kasbar, sold US$2.9m worth of shares at a price of US$39.22 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of US$26.64. So it may not tell us anything about how insiders feel about the current share price.

Insiders in World Fuel Services didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NYSE:INT Insider Trading Volume September 3rd 2020

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Does World Fuel Services 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 appears that World Fuel Services insiders own 2.7% of the company, worth about US$46m. 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 World Fuel Services Insider Transactions Indicate?

An insider hasn't bought World Fuel Services stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 2 warning signs with World Fuel Services 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, but not derivative transactions.

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