This Insider Has Just Sold Shares In Park-Ohio Holdings

Investors may wish to note that the Independent Director of Park-Ohio Holdings Corp., Ronna Romney, recently netted US$60k from selling stock, receiving an average price of US$20.29. However we note that the sale only shrunk their holding by 9.3%.

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The Last 12 Months Of Insider Transactions At Park-Ohio Holdings

In the last twelve months, the biggest single sale by an insider was when the VP & CFO, Patrick Fogarty, sold US$234k worth of shares at a price of US$31.33 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$21.44). So it is hard to draw any strong conclusion from it.

In the last twelve months insiders purchased 8.87k shares for US$178k. But insiders sold 22.35k shares worth US$581k. All up, insiders sold more shares in Park-Ohio Holdings 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 click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Park-Ohio Holdings

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 Of Park-Ohio Holdings

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Park-Ohio Holdings insiders own 32% of the company, worth about US$94m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Park-Ohio Holdings Insiders?

Our data shows a little more insider selling than buying in the last three months. But the difference is small, and thus, not concerning. Recent insider selling makes us a little nervous, in light of the broader picture of Park-Ohio Holdings insider transactions. But it's good to see that insiders own shares in the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 4 warning signs for Park-Ohio Holdings (1 doesn't sit too well with us!) that we believe deserve your full attention.

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 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.