Have Insiders Sold Champion Homes Shares Recently?

Anyone interested in Champion Homes, Inc. (NYSE:SKY) should probably be aware that the Executive Vice President of Operations, Joseph Kimmell, recently divested US$452k worth of shares in the company, at an average price of US$104 each. On the bright side, that sale was only 9.9% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for Champion Homes

Champion Homes Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Mark Yost, for US$2.6m worth of shares, at about US$87.19 per share. That means that even when the share price was below the current price of US$108, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. 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. This single sale was just 7.1% of Mark Yost's stake.

Insiders in Champion Homes didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Does Champion Homes Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Champion Homes insiders own 2.3% of the company, worth about US$137m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Champion Homes Insiders?

Insiders haven't bought Champion Homes stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Champion Homes. At Simply Wall St, we found 2 warning signs for Champion Homes that deserve your attention before buying any shares.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.