ACCO Brands Falls To US$4.02, But Insiders Sold At Lower Price

Even though ACCO Brands Corporation (NYSE:ACCO) has fallen by 11% over the past week , insiders who sold US$179k worth of stock over the past year have had less luck. The average selling price of US$5.24 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

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ACCO Brands Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Senior VP, Pamela Schneider, sold US$105k worth of shares at a price of US$5.47 per share. 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$4.02. So it may not tell us anything about how insiders feel about the current share price.

Insiders in ACCO Brands didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for ACCO Brands

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

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that ACCO Brands insiders own 4.2% of the company, worth about US$17m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At ACCO Brands Tell Us?

The fact that there have been no ACCO Brands insider transactions recently certainly doesn't bother us. Still, the insider transactions at ACCO Brands in the last 12 months are not very heartening. But it's good to see that insiders own shares in 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. Our analysis shows 2 warning signs for ACCO Brands (1 is potentially serious!) and we strongly recommend you look at these before investing.

But note: ACCO Brands 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.