Trade Alert: Chief Information & Digital Officer Of AMN Healthcare Services Mark Hagan Has Sold Stock

Some AMN Healthcare Services, Inc. (NYSE:AMN) shareholders may be a little concerned to see that the Chief Information & Digital Officer, Mark Hagan, recently sold a substantial US$1.1m worth of stock at a price of US$67.92 per share. That sale reduced their total holding by 46% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for AMN Healthcare Services

AMN Healthcare Services Insider Transactions Over The Last Year

Notably, that recent sale by Mark Hagan is the biggest insider sale of AMN Healthcare Services shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$67.80. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

AMN Healthcare Services insiders didn't buy any shares over 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does AMN Healthcare Services 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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that AMN Healthcare Services insiders own 0.5% of the company, worth about US$14m. 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 AMN Healthcare Services Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of AMN Healthcare Services.

But note: AMN Healthcare Services 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 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.