Have Bridge Investment Group Holdings Insiders Been Selling Stock?

Some Bridge Investment Group Holdings Inc. (NYSE:BRDG) shareholders may be a little concerned to see that the Executive Chairman, Robert Randolph Morse, recently sold a substantial US$624k worth of stock at a price of US$8.16 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.9%.

See our latest analysis for Bridge Investment Group Holdings

Bridge Investment Group Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Robert Randolph Morse is the biggest insider sale of Bridge Investment Group Holdings shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$7.97. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Insiders in Bridge Investment Group Holdings didn't buy any shares in the last year. 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!

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Does Bridge Investment Group Holdings Boast High Insider Ownership?

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. Insiders own 4.0% of Bridge Investment Group Holdings shares, worth about US$38m. 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 Do The Bridge Investment Group Holdings Insider Transactions Indicate?

Insiders sold Bridge Investment Group Holdings shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. 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. You'd be interested to know, that we found 4 warning signs for Bridge Investment Group Holdings and we suggest you have a look.

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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.

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