Stock Analysis

Have Priority Technology Holdings Insiders Been Selling Stock? \

NasdaqCM:PRTH
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Investors may wish to note that the Chief Strategy Officer of Priority Technology Holdings, Inc., Sean Kiewiet, recently netted US$52k from selling stock, receiving an average price of US$3.50. However we note that the sale only shrunk their holding by 1.0%.

View our latest analysis for Priority Technology Holdings

The Last 12 Months Of Insider Transactions At Priority Technology Holdings

In the last twelve months, the biggest single sale by an insider was when the Executive Chairman, Thomas Priore, sold US$111k worth of shares at a price of US$5.54 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$3.26. So it may not shed much light on insider confidence at current levels.

Over the last year we saw more insider selling of Priority Technology Holdings shares, than buying. The sellers received a price of around US$4.98, on average. Insider selling doesn't make us excited to buy. But we note that the selling, on average, was at well above the recently traded price of US$3.26. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NasdaqCM:PRTH Insider Trading Volume May 26th 2023

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

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. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Priority Technology Holdings insiders own 78% of the company, worth about US$193m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Priority Technology Holdings Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And our longer term analysis of insider transactions didn't bring confidence, either. 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've found that Priority Technology Holdings has 3 warning signs (1 is potentially serious!) that deserve your attention before going any further with your analysis.

But note: Priority Technology 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, but not derivative transactions.

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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.