Have Insiders Sold U.S. Bancorp Shares Recently?

Some U.S. Bancorp (NYSE:USB) shareholders may be a little concerned to see that insider Jodi Richard recently sold a substantial US$1.4m worth of stock at a price of US$47.59 per share. That's a big disposal, and it decreased their holding size by 23%, which is notable but not too bad.

See our latest analysis for U.S. Bancorp

U.S. Bancorp Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Advisor, Shailesh Kotwal, sold US$1.7m worth of shares at a price of US$49.74 per share. So we know that an insider sold shares at around the present share price of US$47.23. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In total, U.S. Bancorp insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. 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).

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. U.S. Bancorp insiders own about US$137m worth of shares (which is 0.2% of the company). 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 U.S. Bancorp Tell Us?

An insider hasn't bought U.S. Bancorp stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. But since U.S. Bancorp is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. While conducting our analysis, we found that U.S. Bancorp has 1 warning sign and it would be unwise to ignore this.

Of course U.S. Bancorp may not be the best stock to buy. So you may wish to see this free collection of high quality 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.