Have Insiders Sold BioLife Solutions, Inc. (NASDAQ:BLFS) Shares Recently?

By
Simply Wall St
Published
July 25, 2021
NasdaqCM:BLFS
Source: Shutterstock

Anyone interested in BioLife Solutions, Inc. (NASDAQ:BLFS) should probably be aware that the Chief Revenue Officer, Marcus Schulz, recently divested US$115k worth of shares in the company, at an average price of US$45.10 each. However, the silver lining is that the sale only reduced their total holding by 6.5%, so we're hesitant to read anything much into it, on its own.

Check out our latest analysis for BioLife Solutions

BioLife Solutions Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Thomas Girschweiler, sold US$36m worth of shares at a price of US$22.50 per share. That means that even when the share price was below the current price of US$46.69, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was 97% of Thomas Girschweiler's stake.

In the last year BioLife Solutions insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
NasdaqCM:BLFS Insider Trading Volume July 25th 2021

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 BioLife Solutions

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. BioLife Solutions insiders own about US$199m worth of shares (which is 11% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About BioLife Solutions Insiders?

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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BioLife Solutions. You'd be interested to know, that we found 3 warning signs for BioLife Solutions and we suggest you have a look.

But note: BioLife Solutions 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.

When trading BioLife Solutions or any other investment, use the platform considered by many to be the Professional's Gateway to the Worlds Market, Interactive Brokers. You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted


Discounted cash flow calculation for every stock

Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. It’s FREE.

Make Confident Investment Decisions

Simply Wall St's Editorial Team provides unbiased, factual reporting on global stocks using in-depth fundamental analysis.
Find out more about our editorial guidelines and team.