Have The Greenbrier Companies, Inc. (NYSE:GBX) Insiders Been Selling Their Stock?

Simply Wall St
April 15, 2022
Source: Shutterstock

We note that the The Greenbrier Companies, Inc. (NYSE:GBX) Executive VP and Chief Commercial & Leasing Officer, Brian Comstock, recently sold US$68k worth of stock for US$45.05 per share. On the bright side, that's just a small sale and only reduced their holding by 3.2%.

View our latest analysis for Greenbrier Companies

Greenbrier Companies Insider Transactions Over The Last Year

The Co-Founder & Executive Chairman William Furman made the biggest insider purchase in the last 12 months. That single transaction was for US$4.3m worth of shares at a price of US$43.14 each. That means that an insider was happy to buy shares at around the current price of US$45.23. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Greenbrier Companies share holders is that an insider was buying at near the current price. William Furman was the only individual insider to buy during the last year.

William Furman purchased 160.00k shares over the year. The average price per share was US$43.64. 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!

NYSE:GBX Insider Trading Volume April 15th 2022

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Greenbrier Companies Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 4.2% of Greenbrier Companies shares, worth about US$62m. 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 Greenbrier Companies Insiders?

An insider sold stock recently, but they haven't been buying. On the other hand, the insider transactions over the last year are encouraging. It's good to see insiders are shareholders. So we're happy enough to look past some selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Greenbrier Companies. Be aware that Greenbrier Companies is showing 4 warning signs in our investment analysis, and 2 of those are a bit unpleasant...

But note: Greenbrier Companies may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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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