Stock Analysis
Some Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) shareholders may be a little concerned to see that insider James Hickman recently sold a substantial US$3.1m worth of stock at a price of US$30.79 per share. That's a big disposal, and it decreased their holding size by 24%, which is notable but not too bad.
View our latest analysis for Home Bancshares (Conway AR)
The Last 12 Months Of Insider Transactions At Home Bancshares (Conway AR)
In fact, the recent sale by James Hickman was the biggest sale of Home Bancshares (Conway AR) shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$30.75. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Over the last year we saw more insider selling of Home Bancshares (Conway AR) shares, than buying. 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!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Does Home Bancshares (Conway AR) Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Home Bancshares (Conway AR) insiders own 7.0% of the company, worth about US$426m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Home Bancshares (Conway AR) Tell Us?
Insiders haven't bought Home Bancshares (Conway AR) stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. It is good to see high insider ownership, but the insider selling leaves us cautious. 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. You'd be interested to know, that we found 1 warning sign for Home Bancshares (Conway AR) and we suggest you have a look.
But note: Home Bancshares (Conway AR) 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.
About NYSE:HOMB
Home Bancshares (Conway AR)
Operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities.