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Who Has Been Selling Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So before you buy or sell Concrete Pumping Holdings, Inc. (NASDAQ:BBCP), you may well want to know whether insiders have been buying or selling.
What Is Insider Buying?
It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, rules govern insider transactions, and certain disclosures are required.
Insider transactions are not the most important thing when it comes to long-term investing. But equally, we would consider it foolish to ignore insider transactions altogether. For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'.
See our latest analysis for Concrete Pumping Holdings
The Last 12 Months Of Insider Transactions At Concrete Pumping Holdings
Over the last year, we can see that the biggest insider sale was by the Director, M. Stevens, for US$383k worth of shares, at about US$4.01 per share. So we know that an insider sold shares at around the present share price of US$3.36. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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). The only individual insider seller over the last year was M. Stevens.
Over the last year, we can see that insiders have bought 25.42k shares worth US$59k. On the other hand they divested 108.86k shares, for US$418k. M. Stevens sold a total of 108.86k shares over the year at an average price of US$3.84. 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!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Concrete Pumping Holdings insiders own about US$15m worth of shares. That equates to 7.8% 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?
There haven't been any insider transactions in the last three months -- that doesn't mean much. Our analysis of Concrete Pumping Holdings insider transactions leaves us cautious. The modest level of insider ownership is, at least, some comfort. 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. Every company has risks, and we've spotted 2 warning signs for Concrete Pumping Holdings you should know about.
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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About NasdaqCM:BBCP
Concrete Pumping Holdings
Provides concrete pumping and waste management services in the United States and the United Kingdom.
Fair value with moderate growth potential.