Have The Goldman Sachs Group, Inc. (NYSE:GS) Insiders Been Selling Their Stock?

Some The Goldman Sachs Group, Inc. (NYSE:GS) shareholders may be a little concerned to see that insider Brian Lee recently sold a substantial US$3.9m worth of stock at a price of US$386 per share. That's a big disposal, and it decreased their holding size by 24%, which is notable but not too bad.

View our latest analysis for Goldman Sachs Group

The Last 12 Months Of Insider Transactions At Goldman Sachs Group

In fact, the recent sale by Brian Lee was the biggest sale of Goldman Sachs Group 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$380. 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 Goldman Sachs Group didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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 winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Goldman Sachs Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Goldman Sachs Group insiders own about US$623m worth of shares (which is 0.5% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Goldman Sachs Group Insiders?

Insiders sold Goldman Sachs Group shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. 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. 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. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Goldman Sachs Group.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, 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.