BorgWarner Executive VP & Chief Human Resources Officer Tania Wingfield Sells 38% Of Holding

Some BorgWarner Inc. (NYSE:BWA) shareholders may be a little concerned to see that the Executive VP & Chief Human Resources Officer, Tania Wingfield, recently sold a substantial US$691k worth of stock at a price of US$28.79 per share. That sale reduced their total holding by 38% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for BorgWarner

BorgWarner Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Frederic Lissalde, for US$5.3m worth of shares, at about US$34.61 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$29.24. So it may not tell us anything about how insiders feel about the current share price.

In the last year BorgWarner insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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Does BorgWarner 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. Insiders own 1.0% of BorgWarner shares, worth about US$63m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At BorgWarner Tell Us?

Insiders sold BorgWarner 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 shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BorgWarner. For example - BorgWarner has 3 warning signs we think you should be aware of.

Of course BorgWarner 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.