Carlos Sepulveda Bought 2.0% More Shares In Triumph Financial

Potential Triumph Financial, Inc. (NASDAQ:TFIN) shareholders may wish to note that the Independent Chairman, Carlos Sepulveda, recently bought US$335k worth of stock, paying US$47.65 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 2.0%.

We've discovered 1 warning sign about Triumph Financial. View them for free.

Triumph Financial Insider Transactions Over The Last Year

The Founder, Aaron Graft, made the biggest insider sale in the last 12 months. That single transaction was for US$1.4m worth of shares at a price of US$106 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$54.37). So it may not shed much light on insider confidence at current levels.

In the last twelve months insiders purchased 13.99k shares for US$691k. But they sold 67.40k shares for US$5.7m. All up, insiders sold more shares in Triumph Financial than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Triumph Financial

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Does Triumph Financial Boast High 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. Insiders own 5.1% of Triumph Financial shares, worth about US$65m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Triumph Financial Tell Us?

The recent insider purchases are heartening. But we can't say the same for the transactions over the last 12 months. While recent transactions indicate confidence in Triumph Financial, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. Overall they seem reasonably aligned. 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. In terms of investment risks, we've identified 1 warning sign with Triumph Financial and understanding it should be part of your investment process.

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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.