Triumph Financial Executive VP & COO Edward Schreyer Sells 26% Of Holding

We wouldn't blame Triumph Financial, Inc. (NASDAQ:TFIN) shareholders if they were a little worried about the fact that Edward Schreyer, the Executive VP & COO recently netted about US$545k selling shares at an average price of US$88.94. That sale reduced their total holding by 26% which is hardly insignificant, but far from the worst we've seen.

See our latest analysis for Triumph Financial

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$1.8m worth of shares at a price of US$72.92 each. That means that an insider was selling shares at slightly below the current price (US$98.61). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was only 14% of Aaron Graft's holding.

Triumph Financial insiders didn't buy any shares over 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!

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 Triumph Financial

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Triumph Financial insiders own 5.4% of the company, worth about US$112m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Triumph Financial Tell Us?

Insiders sold Triumph Financial shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. 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 Triumph Financial. While conducting our analysis, we found that Triumph Financial has 2 warning signs and it would be unwise to ignore them.

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 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.