Have Insiders Sold Associated Banc-Corp Shares Recently?

Some Associated Banc-Corp (NYSE:ASB) shareholders may be a little concerned to see that insider Paul Schmidt recently sold a substantial US$6.2m worth of stock at a price of US$227 per share. That's a big disposal, and it decreased their holding size by 38%, which is notable but not too bad.

See our latest analysis for Associated Banc-Corp

The Last 12 Months Of Insider Transactions At Associated Banc-Corp

In fact, the recent sale by Paul Schmidt was the biggest sale of Associated Banc-Corp shares made by an insider individual in the last twelve months, according to our records. 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$27.64). So it may not shed much light on insider confidence at current levels.

Insiders in Associated Banc-Corp didn't buy any shares in the last year. 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!

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).

Does Associated Banc-Corp Boast High Insider Ownership?

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Associated Banc-Corp insiders own about US$35m worth of shares. That equates to 0.9% of the company. 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 Does This Data Suggest About Associated Banc-Corp Insiders?

Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Associated Banc-Corp. At Simply Wall St, we found 2 warning signs for Associated Banc-Corp that deserve your attention before buying any shares.

But note: Associated Banc-Corp may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.