Have Insiders Sold Acushnet Holdings Shares Recently?

We wouldn't blame Acushnet Holdings Corp. (NYSE:GOLF) shareholders if they were a little worried about the fact that David Maher, the President recently netted about US$1.9m selling shares at an average price of US$69.19. However, that sale only accounted for 3.3% of their holding, so arguably it doesn't say much about their conviction.

View our latest analysis for Acushnet Holdings

Acushnet Holdings Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the President of Titleist Golf Balls, Mary Bohn, sold US$2.4m worth of shares at a price of US$66.06 per share. That means that an insider was selling shares at slightly below the current price (US$69.31). 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. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 19% of Mary Bohn's holding.

Acushnet Holdings 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!

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).

Does Acushnet Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Acushnet Holdings insiders own about US$116m worth of shares (which is 2.7% 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 Acushnet Holdings Insiders?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. 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. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 2 warning signs for Acushnet Holdings that deserve your attention before buying any shares.

Of course Acushnet Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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.