The Independent Director of ManpowerGroup Inc. (NYSE:MAN), Gina Boswell, Just Sold 41% Of Their Holding

We'd be surprised if ManpowerGroup Inc. (NYSE:MAN) shareholders haven't noticed that the Independent Director, Gina Boswell, recently sold US$472k worth of stock at US$94.44 per share. That sale was 41% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for ManpowerGroup

The Last 12 Months Of Insider Transactions At ManpowerGroup

Over the last year, we can see that the biggest insider sale was by the Executive Vice President of Global Strategy & Talent, Mara Swan, for US$1.3m worth of shares, at about US$84.48 per share. That means that even when the share price was below the current price of US$94.09, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was 67% of Mara Swan's holding.

ManpowerGroup insiders didn't buy any shares over the last year. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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Does ManpowerGroup Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. ManpowerGroup insiders own about US$38m worth of shares. That equates to 0.7% of the company. 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 Do The ManpowerGroup Insider Transactions Indicate?

Insiders haven't bought ManpowerGroup stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! Of course, the future is what matters most. So if you are interested in ManpowerGroup, you should check out this free report on analyst forecasts for the company.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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