This Insider Has Just Sold Shares In Westwood Holdings Group, Inc. (NYSE:WHG)

Investors may wish to note that the President of Westwood Holdings Group, Inc., Brian Casey, recently netted US$53k from selling stock, receiving an average price of US$17.71. On the bright side, that's just a small sale and only reduced their holding by 0.8%.

See our latest analysis for Westwood Holdings Group

The Last 12 Months Of Insider Transactions At Westwood Holdings Group

In the last twelve months, the biggest single purchase by an insider was when Independent Director Raymond Wooldridge bought US$123k worth of shares at a price of US$12.29 per share. We do like to see buying, but this purchase was made at well below the current price of US$18.73. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Happily, we note that in the last year insiders paid US$299k for 25.58k shares. On the other hand they divested 8.20k shares, for US$162k. Overall, Westwood Holdings Group insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Westwood Holdings Group Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Westwood Holdings Group insiders own 11% of the company, worth about US$17m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Westwood Holdings Group Tell Us?

An insider sold Westwood Holdings Group shares recently, but they didn't buy any. On the other hand, the insider transactions over the last year are encouraging. We like that insiders own a fair amount of the company. So the recent selling doesn't worry us too much. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Westwood Holdings Group. Every company has risks, and we've spotted 3 warning signs for Westwood Holdings Group (of which 1 can't be ignored!) you should know about.

But note: Westwood Holdings Group 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. 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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