Have Insiders Sold Bank7 Shares Recently?

We'd be surprised if Bank7 Corp. (NASDAQ:BSVN) shareholders haven't noticed that the President, Thomas Travis, recently sold US$178k worth of stock at US$23.67 per share. On the bright side, that sale was only 2.7% of their holding, so we doubt it's very meaningful, on its own.

View our latest analysis for Bank7

Bank7 Insider Transactions Over The Last Year

In fact, the recent sale by President Thomas Travis was not their only sale of Bank7 shares this year. They previously made an even bigger sale of -US$352k worth of shares at a price of US$27.07 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$24.18. So it is hard to draw any strong conclusion from it.

Thomas Travis divested 35.00k shares over the last 12 months at an average price of US$25.42. 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!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Bank7 insiders own 57% of the company, currently worth about US$126m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Bank7 Tell Us?

An insider sold stock recently, but they haven't been buying. Zooming out, the longer term picture doesn't give us much comfort. But since Bank7 is profitable and growing, we're not too worried by this. 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bank7. You'd be interested to know, that we found 1 warning sign for Bank7 and we suggest you have a look.

But note: Bank7 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.