Have Insiders Sold Standex International Shares Recently?

Anyone interested in Standex International Corporation (NYSE:SXI) should probably be aware that the Independent Director, Charles Cannon, recently divested US$430k worth of shares in the company, at an average price of US$155 each. The eyebrow raising move amounted to a reduction of 14% in their holding.

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Standex International Insider Transactions Over The Last Year

The VP, CFO & Treasurer, Ademir Sarcevic, made the biggest insider sale in the last 12 months. That single transaction was for US$690k worth of shares at a price of US$182 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$157. So it may not shed much light on insider confidence at current levels.

In total, Standex International insiders sold more 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!

See our latest analysis for Standex International

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Insider Ownership Of Standex International

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.8% of Standex International shares, worth about US$34m. 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 Standex International Tell Us?

An insider hasn't bought Standex International stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Standex International. For instance, we've identified 3 warning signs for Standex International (1 is significant) you should be aware of.

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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.