Have Insiders Sold Mueller Water Products, Inc. (NYSE:MWA) Shares Recently?

Investors may wish to note that the Independent Director of Mueller Water Products, Inc., Shirley Franklin, recently netted US$65k from selling stock, receiving an average price of US$13.04. On the bright side, that's just a small sale and only reduced their holding by 8.3%.

Check out our latest analysis for Mueller Water Products

Mueller Water Products Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Senior VP & Chief HR Officer Todd Helms for US$130k worth of shares, at about US$13.15 per share. That means that an insider was happy to buy shares at above the current price of US$12.72. 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 always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. The only individual insider to buy over the last year was Todd Helms. We note that Todd Helms was both the biggest buyer and the biggest seller.

All up, insiders sold more shares in Mueller Water Products than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Mueller Water Products better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does Mueller Water Products Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.7% of Mueller Water Products shares, worth about US$33m. 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 Mueller Water Products Insiders?

Insiders sold stock recently, but they haven't been buying. Zooming out, the longer term picture doesn't give us much comfort. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! 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 Mueller Water Products you should know about.

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, but not derivative transactions.

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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.