Have Insiders Sold Korn Ferry Shares Recently?

We wouldn't blame Korn Ferry (NYSE:KFY) shareholders if they were a little worried about the fact that Gary Burnison, the President recently netted about US$4.2m selling shares at an average price of US$70.60. That's a big disposal, and it decreased their holding size by 22%, which is notable but not too bad.

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The Last 12 Months Of Insider Transactions At Korn Ferry

Notably, that recent sale by President Gary Burnison was not the only time they sold Korn Ferry shares this year. Earlier in the year, they fetched US$74.68 per share in a -US$7.4m sale. So what is clear is that an insider saw fit to sell at around the current price of US$67.92. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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).

In the last year Korn Ferry insiders didn't buy any company stock. 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!

Check out our latest analysis for Korn Ferry

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

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Korn Ferry insiders own about US$35m worth of shares. That equates to 1.0% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Korn Ferry Insiders?

Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. But since Korn Ferry is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Korn Ferry. Case in point: We've spotted 1 warning sign for Korn Ferry 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.