Have Insiders Sold D.R. Horton Shares Recently?

We wouldn't blame D.R. Horton, Inc. (NYSE:DHI) shareholders if they were a little worried about the fact that David Auld, the Executive Chairman recently netted about US$5.5m selling shares at an average price of US$182. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.8%.

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D.R. Horton Insider Transactions Over The Last Year

Notably, that recent sale by David Auld is the biggest insider sale of D.R. Horton 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$178. 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).

D.R. Horton insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for D.R. Horton

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

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. D.R. Horton insiders own about US$975m worth of shares (which is 1.8% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About D.R. Horton Insiders?

Insiders sold D.R. Horton shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. Of course, the future is what matters most. So if you are interested in D.R. Horton, you should check out this free report on analyst forecasts for the company.

But note: D.R. Horton 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 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.