Trade Alert: President of Hydraulics - EMEA Of Helios Technologies Matteo Arduini Has Sold Stock

Anyone interested in Helios Technologies, Inc. (NYSE:HLIO) should probably be aware that the President of Hydraulics - EMEA, Matteo Arduini, recently divested US$376k worth of shares in the company, at an average price of US$53.72 each. That sale was 31% of their holding, so it does make us raise an eyebrow.

View our latest analysis for Helios Technologies

The Last 12 Months Of Insider Transactions At Helios Technologies

Notably, that recent sale by Matteo Arduini is the biggest insider sale of Helios Technologies shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$49.87. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Helios Technologies insiders didn't buy any shares over the last year. 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 Of Helios Technologies

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.7% of Helios Technologies shares, worth about US$12m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Helios Technologies Insiders?

An insider hasn't bought Helios Technologies stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! 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. For example, Helios Technologies has 4 warning signs (and 1 which is potentially serious) we think you should know about.

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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.