This Insider Has Just Sold Shares In Cohen & Steers

Some Cohen & Steers, Inc. (NYSE:CNS) shareholders may be a little concerned to see that the Executive VP & Chief Investment Officer, John Cheigh, recently sold a substantial US$520k worth of stock at a price of US$72.57 per share. However, that sale only accounted for 4.1% of their holding, so arguably it doesn't say much about their conviction.

Check out our latest analysis for Cohen & Steers

Cohen & Steers Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Independent Director, Richard Simon, for US$718k worth of shares, at about US$71.81 per share. So we know that an insider sold shares at around the present share price of US$71.14. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Cohen & Steers insiders didn't buy any shares over the last year. 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!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Does Cohen & Steers 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Cohen & Steers insiders own 47% of the company, currently worth about US$1.7b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Cohen & Steers Tell Us?

Insiders sold Cohen & Steers shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. It is good to see high insider ownership, but the insider selling leaves us cautious. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Cohen & Steers has 3 warning signs we think you should be aware of.

But note: Cohen & Steers 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.