We note that the Crown Crafts, Inc. (NASDAQ:CRWS) CEO & President of Crown Crafts Infant Products Inc, Nanci Freeman, recently sold US$78k worth of stock for US$5.18 per share. However we note that the sale only shrunk their holding by 8.2%.
The Last 12 Months Of Insider Transactions At Crown Crafts
In fact, the recent sale by Nanci Freeman was the biggest sale of Crown Crafts 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$5.25. 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).
Over the last year, we note insiders sold 38500 shares worth US$219k. Insiders in Crown Crafts didn’t buy any shares in the last year. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Does Crown Crafts Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that Crown Crafts insiders own 15% of the company, worth about US$7.9m. Whilst better than nothing, we’re not overly impressed by these holdings.
So What Do The Crown Crafts Insider Transactions Indicate?
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. But it is good to see that Crown Crafts is growing earnings. When you combine this with the relatively low insider ownership, we are very cautious about the stock. As the saying goes, only fools rush in. Of course, the future is what matters most. So if you are interested in Crown Crafts, 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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