This Insider Has Just Sold Shares In HMN Financial, Inc. (NASDAQ:HMNF)

By
Simply Wall St
Published
March 18, 2021
NasdaqGM:HMNF

We note that the HMN Financial, Inc. (NASDAQ:HMNF) Senior VP, Jon Eberle, recently sold US$53k worth of stock for US$20.29 per share. However we note that the sale only shrunk their holding by 2.7%.

Check out our latest analysis for HMN Financial

The Last 12 Months Of Insider Transactions At HMN Financial

In fact, the recent sale by Jon Eberle was the biggest sale of HMN Financial 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 US$20.20. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Over the last year, we can see that insiders have bought 6.88k shares worth US$100k. On the other hand they divested 3.78k shares, for US$77k. In the last twelve months there was more buying than selling by HMN Financial insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqGM:HMNF Insider Trading Volume March 18th 2021

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of HMN Financial

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that HMN Financial insiders own about US$7.5m worth of shares (which is 8.2% of the company). We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About HMN Financial Insiders?

An insider hasn't bought HMN Financial stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. Still, insiders don't own a great deal of the stock. So the company doesn't look great on this analysis. While we like knowing 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. You'd be interested to know, that we found 2 warning signs for HMN Financial and we suggest you have a look.

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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This article by Simply Wall St is general in nature. 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.
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