Don't Ignore The Insider Selling In Concrete Pumping Holdings

We'd be surprised if Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) shareholders haven't noticed that the President, Bruce Young, recently sold US$302k worth of stock at US$8.13 per share. On the bright side, that sale was only 1.6% of their holding, so we doubt it's very meaningful, on its own.

See our latest analysis for Concrete Pumping Holdings

The Last 12 Months Of Insider Transactions At Concrete Pumping Holdings

Notably, that recent sale by Bruce Young is the biggest insider sale of Concrete Pumping Holdings shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$8.28. 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.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Concrete Pumping Holdings insiders own about US$33m worth of shares. That equates to 7.4% 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.

What Might The Insider Transactions At Concrete Pumping Holdings Tell Us?

An insider hasn't bought Concrete Pumping Holdings 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. But since Concrete Pumping Holdings is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. When we did our research, we found 2 warning signs for Concrete Pumping Holdings (1 is potentially serious!) that we believe deserve your full attention.

Of course Concrete Pumping Holdings 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.