This Insider Has Just Sold Shares In Eagle Bancorp Montana

Anyone interested in Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) should probably be aware that the Independent Director, Kenneth Walsh, recently divested US$158k worth of shares in the company, at an average price of US$15.84 each. On the bright side, that sale was only 8.6% of their holding, so we doubt it's very meaningful, on its own.

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The Last 12 Months Of Insider Transactions At Eagle Bancorp Montana

In fact, the recent sale by Independent Director Kenneth Walsh was not their only sale of Eagle Bancorp Montana shares this year. They previously made an even bigger sale of -US$177k worth of shares at a price of US$17.75 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$15.74. So it is hard to draw any strong conclusion from it.

Insiders in Eagle Bancorp Montana 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 click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Check out our latest analysis for Eagle Bancorp Montana

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Eagle Bancorp Montana

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Eagle Bancorp Montana insiders own about US$7.8m worth of shares (which is 6.2% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Eagle Bancorp Montana Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. But since Eagle Bancorp Montana is profitable and growing, we're not too worried by this. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we'd only buy after very careful consideration. While it's good to be aware of 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. At Simply Wall St, we found 1 warning sign for Eagle Bancorp Montana that deserve your attention before buying any shares.

But note: Eagle Bancorp Montana 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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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.