Have Insiders Sold Atlanticus Holdings Shares Recently?

Anyone interested in Atlanticus Holdings Corporation (NASDAQ:ATLC) should probably be aware that the Independent Director, Deal Hudson, recently divested US$126k worth of shares in the company, at an average price of US$52.39 each. On the bright side, that sale was only 3.7% of their holding, so we doubt it's very meaningful, on its own.

The Last 12 Months Of Insider Transactions At Atlanticus Holdings

The insider Frank Hanna made the biggest insider purchase in the last 12 months. That single transaction was for US$7.4m worth of shares at a price of US$28.21 each. We do like to see buying, but this purchase was made at well below the current price of US$53.00. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Atlanticus Holdings

Atlanticus Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership Of Atlanticus Holdings

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Atlanticus Holdings insiders own 63% of the company, currently worth about US$499m based on the recent share price. 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 Do The Atlanticus Holdings Insider Transactions Indicate?

An insider sold Atlanticus Holdings shares recently, but they didn't buy any. But we take heart from prior transactions. On top of that, insiders own a significant portion of the company. So we're happy to look past recent trading. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 2 warning signs for Atlanticus Holdings (of which 1 makes us a bit uncomfortable!) you should know about.

But note: Atlanticus Holdings 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.