HF Sinclair Insiders Added US$1.71m Of Stock To Their Holdings

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of HF Sinclair Corporation (NYSE:DINO), that sends out a positive message to the company's shareholders.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for HF Sinclair

The Last 12 Months Of Insider Transactions At HF Sinclair

Over the last year, we can see that the biggest insider sale was by the Executive Vice President of Operations, Valeria Pompa, for US$403k worth of shares, at about US$57.53 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$36.28). So it may not shed much light on insider confidence at current levels.

Happily, we note that in the last year insiders paid US$1.7m for 39.18k shares. On the other hand they divested 11.40k shares, for US$666k. Overall, HF Sinclair insiders were net buyers during the last year. Their average price was about US$43.58. This is nice to see since it implies that insiders might see value around current prices. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

HF Sinclair is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insiders At HF Sinclair Have Bought Stock Recently

It's good to see that HF Sinclair insiders have made notable investments in the company's shares. Overall, four insiders shelled out US$984k for shares in the company -- and none sold. This makes one think the business has some good points.

Does HF Sinclair 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. HF Sinclair insiders own about US$23m worth of shares. That equates to 0.3% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The HF Sinclair Insider Transactions Indicate?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Insiders likely see value in HF Sinclair shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 2 warning signs for HF Sinclair you should be aware of.

Of course HF Sinclair 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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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.