Some ManpowerGroup Inc. (NYSE:MAN) shareholders may be a little concerned to see that the Independent Director, Cari Dominguez, recently sold a substantial US$609k worth of stock at a price of US$98.30 per share. That's a big disposal, and it decreased their holding size by 30%, which is notable but not too bad.
ManpowerGroup Insider Transactions Over The Last Year
Notably, that recent sale by Cari Dominguez is the biggest insider sale of ManpowerGroup shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$94.44. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
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!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Insider Ownership of ManpowerGroup
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. ManpowerGroup insiders own about US$39m worth of shares. That equates to 0.8% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About ManpowerGroup Insiders?
An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. 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. To assist with this, we've discovered 5 warning signs that you should run your eye over to get a better picture of ManpowerGroup.
But note: ManpowerGroup 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, but not derivative transactions.
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