Independent Director Charles Dutil Sold A Bunch Of Shares In REV Group

We'd be surprised if REV Group, Inc. (NYSE:REVG) shareholders haven't noticed that the Independent Director, Charles Dutil, recently sold US$356k worth of stock at US$28.50 per share. That sale was 27% of their holding, so it does make us raise an eyebrow.

See our latest analysis for REV Group

REV Group Insider Transactions Over The Last Year

In fact, the recent sale by Charles Dutil was the biggest sale of REV Group shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$27.61. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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).

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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 REV Group

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. REV Group insiders own about US$34m worth of shares. That equates to 2.4% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At REV Group Tell Us?

An insider sold REV Group shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But since REV Group is profitable and growing, we're not too worried by this. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. 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. For instance, we've identified 4 warning signs for REV Group (3 are a bit concerning) you should be aware of.

But note: REV Group 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 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.