This Insider Has Just Sold Shares In Western New England Bancorp

Investors may wish to note that the Senior VP & Chief Information Officer of Western New England Bancorp, Inc., Darlene Libiszewski, recently netted US$51k from selling stock, receiving an average price of US$8.50. It wasn't a huge sale, but it did reduce their holding by 13%. This does not instill confidence.

View our latest analysis for Western New England Bancorp

Western New England Bancorp Insider Transactions Over The Last Year

Notably, that recent sale by Darlene Libiszewski is the biggest insider sale of Western New England 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$8.46. While insider selling is a negative, to us, it is more negative if the shares are sold 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 twelve months insiders purchased 4.66k shares for US$32k. On the other hand they divested 6.00k shares, for US$51k. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Does Western New England Bancorp Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Insiders own 6.0% of Western New England Bancorp shares, worth about US$11m. 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 Western New England Bancorp Insider Transactions Indicate?

We note that there's been a little more insider selling than buying, recently. But the difference isn't enough to have us worried. We're a little cautious about the insider selling at Western New England Bancorp. The modest level of insider ownership is, at least, some comfort. 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. For example, Western New England Bancorp has 4 warning signs (and 1 which is significant) we think you should know about.

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.