An Insider At Perma-Fix Environmental Services Lowered Their Holding Recently

Viewing insider transactions for Perma-Fix Environmental Services, Inc.'s (NASDAQ:PESI ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Perma-Fix Environmental Services

The Last 12 Months Of Insider Transactions At Perma-Fix Environmental Services

The Independent Director, Joe Reeder, made the biggest insider sale in the last 12 months. That single transaction was for US$70k worth of shares at a price of US$11.57 each. That means that an insider was selling shares at around the current price of US$10.94. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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. Joe Reeder was the only individual insider to sell shares in the last twelve months.

Happily, we note that in the last year insiders paid US$52k for 7.15k shares. But they sold 6.01k shares for US$70k. 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!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Perma-Fix Environmental Services insiders own 9.1% of the company, worth about US$14m. 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 Perma-Fix Environmental Services Tell Us?

There haven't been any insider transactions in the last three months -- that doesn't mean much. Our analysis of Perma-Fix Environmental Services insider transactions leaves us cautious. But we do like the fact that insiders own a fair chunk of the company. 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 2 warning signs for Perma-Fix Environmental Services (1 doesn't sit too well with us) you should be aware of.

But note: Perma-Fix Environmental Services 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.