Have Insiders Sold Northeast Community Bancorp Shares Recently?

Investors may wish to note that the Executive VP & CFO of Northeast Community Bancorp, Inc., Donald Hom, recently netted US$87k from selling stock, receiving an average price of US$29.09. On the bright side, that's just a small sale and only reduced their holding by 5.6%.

Check out our latest analysis for Northeast Community Bancorp

Northeast Community Bancorp Insider Transactions Over The Last Year

Notably, that recent sale by Donald Hom is the biggest insider sale of Northeast Community Bancorp shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$28.83. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Northeast Community Bancorp insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership Of Northeast Community Bancorp

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. It appears that Northeast Community Bancorp insiders own 5.3% of the company, worth about US$18m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Northeast Community Bancorp Insider Transactions Indicate?

Insiders haven't bought Northeast Community Bancorp 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. But since Northeast Community Bancorp is profitable and growing, we're not too worried by this. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Northeast Community Bancorp that deserve your attention before buying any shares.

Of course Northeast Community Bancorp 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.

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.