Have Insiders Sold Allied Motion Technologies Inc. (NASDAQ:AMOT) Shares Recently?

By
Simply Wall St
Published
November 14, 2020
NasdaqGM:AMOT

Anyone interested in Allied Motion Technologies Inc. (NASDAQ:AMOT) should probably be aware that the Chairman, Richard Warzala, recently divested US$141k worth of shares in the company, at an average price of US$43.00 each. On the bright side, that sale was only 0.3% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for Allied Motion Technologies

Allied Motion Technologies Insider Transactions Over The Last Year

In fact, the recent sale by Chairman Richard Warzala was not their only sale of Allied Motion Technologies shares this year. They previously made an even bigger sale of -US$998k worth of shares at a price of US$44.66 per share. So what is clear is that an insider saw fit to sell at around the current price of US$40.45. While we don't usually like to see insider selling, it's more concerning if the sales take place 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 total, Allied Motion Technologies insiders sold more than they bought over 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!

insider-trading-volume
NasdaqGM:AMOT Insider Trading Volume November 14th 2020

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

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Allied Motion Technologies insiders own 19% of the company, worth about US$77m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Allied Motion Technologies Tell Us?

Insiders sold stock recently, but they haven't been buying. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 2 warning signs for Allied Motion Technologies and we suggest you have a look.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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