Chief Compliance Officer Of Antero Resources Sold 45% Of Their Shares

We wouldn't blame Antero Resources Corporation (NYSE:AR) shareholders if they were a little worried about the fact that Yvette Schultz, the Chief Compliance Officer recently netted about US$1.3m selling shares at an average price of US$25.24. That sale reduced their total holding by 45% which is hardly insignificant, but far from the worst we've seen.

View our latest analysis for Antero Resources

Antero Resources Insider Transactions Over The Last Year

The Senior VP of Finance & CFO, Michael Kennedy, made the biggest insider sale in the last 12 months. That single transaction was for US$1.7m worth of shares at a price of US$33.72 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$25.30. So it may not tell us anything about how insiders feel about the current share price.

Insiders in Antero Resources 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. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Antero Resources better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Antero Resources 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. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Antero Resources insiders own 4.9% of the company, worth about US$386m. 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 Antero Resources Tell Us?

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 3 warning signs for Antero Resources you should know about.

Of course Antero Resources may not be the best stock to buy. So you may wish to see this free collection of high quality 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 of direct interests only, but not derivative transactions or indirect interests.

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