Stock Analysis
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- NYSE:JXN
Have Insiders Sold Jackson Financial Inc. (NYSE:JXN) Shares Recently?
We'd be surprised if Jackson Financial Inc. (NYSE:JXN) shareholders haven't noticed that the Executive VP & COO, Devkumar Ganguly, recently sold US$494k worth of stock at US$36.57 per share. On the bright side, that sale was only 9.8% of their holding, so we doubt it's very meaningful, on its own.
View our latest analysis for Jackson Financial
Jackson Financial Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the insider, Dan Hagan, for US$21m worth of shares, at about US$43.57 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. The silver lining is that this sell-down took place above the latest price (US$34.79). So it may not shed much light on insider confidence at current levels.
In the last twelve months insiders purchased 34.39k shares for US$1.1m. But insiders sold 513.50k shares worth US$21m. All up, insiders sold more shares in Jackson Financial than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
Insider Ownership Of Jackson Financial
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Jackson Financial insiders own 1.7% of the company, worth about US$49m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Jackson Financial Tell Us?
An insider sold Jackson Financial shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But it is good to see that Jackson Financial is growing earnings. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! 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. Case in point: We've spotted 3 warning signs for Jackson Financial you should be aware of, and 1 of them is a bit unpleasant.
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.
What are the risks and opportunities for Jackson Financial?
Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States.
Rewards
Trading at 71.1% below our estimate of its fair value
Earnings grew by 79% over the past year
Risks
Earnings are forecast to decline by an average of 60.3% per year for the next 3 years
Significant insider selling over the past 3 months
Further research on
Jackson Financial
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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.
About NYSE:JXN
Jackson Financial
Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States.
Outstanding track record, undervalued and pays a dividend.
