This Insider Has Just Sold Shares In B&G Foods \

Anyone interested in B&G Foods, Inc. (NYSE:BGS) should probably be aware that the Executive VP and President of Spices & Flavor Solutions, Jordan Greenberg, recently divested US$175k worth of shares in the company, at an average price of US$13.45 each. The eyebrow raising move amounted to a reduction of 19% in their holding.

View our latest analysis for B&G Foods

The Last 12 Months Of Insider Transactions At B&G Foods

Over the last year, we can see that the biggest insider sale was by the Independent Director, Alfred Poe, for US$287k worth of shares, at about US$20.66 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 good news is that this large sale was at well above current price of US$13.56. So it may not shed much light on insider confidence at current levels.

All up, insiders sold more shares in B&G Foods 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 B&G Foods

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. B&G Foods insiders own about US$25m worth of shares. That equates to 2.6% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At B&G Foods Tell Us?

An insider sold B&G Foods shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing B&G Foods. To help with this, we've discovered 4 warning signs (2 make us uncomfortable!) that you ought to be aware of before buying any shares in B&G Foods.

But note: B&G Foods 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. 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.