Have Grand Canyon Education Insiders Been Selling Stock?

We wouldn't blame Grand Canyon Education, Inc. (NASDAQ:LOPE) shareholders if they were a little worried about the fact that Brian Mueller, the Chairman & CEO recently netted about US$1.3m selling shares at an average price of US$171. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.5%.

Check out our latest analysis for Grand Canyon Education

The Last 12 Months Of Insider Transactions At Grand Canyon Education

In fact, the recent sale by Brian Mueller was the biggest sale of Grand Canyon Education shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$160. While we don't usually like to see insider selling, it's more concerning if the sales take place 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.

Grand Canyon Education insiders didn't buy any shares over 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!

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Does Grand Canyon Education 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. We usually like to see fairly high levels of insider ownership. It's great to see that Grand Canyon Education insiders own 2.2% of the company, worth about US$103m. 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 Grand Canyon Education Insiders?

Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. On the plus side, Grand Canyon Education makes money, and is growing profits. 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 Grand Canyon Education. Case in point: We've spotted 1 warning sign for Grand Canyon Education you should be aware of.

Of course Grand Canyon Education 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.