Have Insiders Sold Altra Industrial Motion Corp. (NASDAQ:AIMC) Shares Recently?

We'd be surprised if Altra Industrial Motion Corp. (NASDAQ:AIMC) shareholders haven't noticed that the Independent Director, James Woodward, recently sold US$145k worth of stock at US$61.13 per share. That sale was 14% of their holding, so it does make us raise an eyebrow.

See our latest analysis for Altra Industrial Motion

The Last 12 Months Of Insider Transactions At Altra Industrial Motion

Over the last year, we can see that the biggest insider sale was by the Chairman & CEO, Carl Christenson, for US$1.1m worth of shares, at about US$57.09 per share. That means that even when the share price was below the current price of US$60.22, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. 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. We note that the biggest single sale was only 9.7% of Carl Christenson's holding.

Altra Industrial Motion 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. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of Altra Industrial Motion

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.9% of Altra Industrial Motion shares, worth about US$35m. 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 Altra Industrial Motion Insiders?

Insiders haven't bought Altra Industrial Motion stock in the last three months, but there was some selling. 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. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Altra Industrial Motion has 2 warning signs (1 is concerning!) that deserve your attention before going any further with your analysis.

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, but not derivative transactions.

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