Stock Analysis

The Executive VP of Resideo Technologies, Inc. (NYSE:REZI), Jeannine Lane, Just Sold 26% Of Their Holding

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NYSE:REZI
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Anyone interested in Resideo Technologies, Inc. (NYSE:REZI) should probably be aware that the Executive VP, Jeannine Lane, recently divested US$241k worth of shares in the company, at an average price of US$29.51 each. The eyebrow raising move amounted to a reduction of 26% in their holding.

See our latest analysis for Resideo Technologies

Resideo Technologies Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Chairman Roger Fradin for US$998k worth of shares, at about US$9.38 per share. We do like to see buying, but this purchase was made at well below the current price of US$29.96. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 201.10k shares worth US$1.9m. On the other hand they divested 12.43k shares, for US$358k. Overall, Resideo Technologies insiders were net buyers during the last year. 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!

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NYSE:REZI Insider Trading Volume March 16th 2021

Resideo Technologies is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Resideo Technologies Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.5% of Resideo Technologies shares, worth about US$21m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Resideo Technologies Tell Us?

Insiders haven't bought Resideo Technologies stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. It's good to see insiders are shareholders. So we're not overly bothered by recent selling. 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. While conducting our analysis, we found that Resideo Technologies has 5 warning signs and it would be unwise to ignore them.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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