Korn Ferry President Gary Burnison Sells 27% Of Holding

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$7.3m selling shares at an average price of US$73.16. That sale reduced their total holding by 27% which is hardly insignificant, but far from the worst we've seen.

View our latest analysis for Korn Ferry

The Last 12 Months Of Insider Transactions At Korn Ferry

In fact, the recent sale by Gary Burnison was the biggest sale of Korn Ferry shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$72.90. 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. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Korn Ferry better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Korn Ferry Boast High 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 1.1% of Korn Ferry shares, worth about US$40m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Korn Ferry Insiders?

Insiders haven't bought Korn Ferry stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. But it is good to see that Korn Ferry is growing earnings. While insiders do own shares, they don't own a heap, and they have been selling. 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. Every company has risks, and we've spotted 1 warning sign for Korn Ferry you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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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