Have Insiders Sold Natural Grocers by Vitamin Cottage Shares Recently?

Anyone interested in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) should probably be aware that the Chief Financial Officer, Todd Dissinger, recently divested US$165k worth of shares in the company, at an average price of US$16.54 each. The eyebrow raising move amounted to a reduction of 16% in their holding.

Check out our latest analysis for Natural Grocers by Vitamin Cottage

The Last 12 Months Of Insider Transactions At Natural Grocers by Vitamin Cottage

Notably, that recent sale by Todd Dissinger is the biggest insider sale of Natural Grocers by Vitamin Cottage shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$16.00. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Natural Grocers by Vitamin Cottage better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership Of Natural Grocers by Vitamin Cottage

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 25% of Natural Grocers by Vitamin Cottage shares, worth about US$93m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Natural Grocers by Vitamin Cottage Insiders?

An insider hasn't bought Natural Grocers by Vitamin Cottage 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. But it is good to see that Natural Grocers by Vitamin Cottage is growing earnings. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 1 warning sign for Natural Grocers by Vitamin Cottage you should know about.

But note: Natural Grocers by Vitamin Cottage 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.