The Executive VP of Sales of Somero Enterprises, Inc. (LON:SOM), Howard Hohmann, Just Sold 41% Of Their Holding

We'd be surprised if Somero Enterprises, Inc. (LON:SOM) shareholders haven't noticed that the Executive VP of Sales, Howard Hohmann, recently sold UK£147k worth of stock at UK£4.89 per share. The eyebrow raising move amounted to a reduction of 41% in their holding.

Check out our latest analysis for Somero Enterprises

Somero Enterprises Insider Transactions Over The Last Year

In fact, the recent sale by Howard Hohmann was the biggest sale of Somero Enterprises shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of UK£4.90. 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.

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!

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

Insider Ownership of Somero Enterprises

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that Somero Enterprises insiders own 1.5% of the company, worth about UK£4.1m. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Somero Enterprises Tell Us?

An insider hasn't bought Somero Enterprises stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. On the plus side, Somero Enterprises makes money, and is growing profits. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we're not rushing to buy, to say the least. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Somero Enterprises. In terms of investment risks, we've identified 2 warning signs with Somero Enterprises and understanding them should be part of your investment process.

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.