This Insider Has Just Sold Shares In Artivion

Anyone interested in Artivion, Inc. (NYSE:AORT) should probably be aware that the Independent Director, Anthony Semedo, recently divested US$243k worth of shares in the company, at an average price of US$24.99 each. That sale was 22% of their holding, so it does make us raise an eyebrow.

See our latest analysis for Artivion

The Last 12 Months Of Insider Transactions At Artivion

In the last twelve months, the biggest single sale by an insider was when the Chairman, James Mackin, sold US$625k worth of shares at a price of US$20.27 per share. That means that even when the share price was below the current price of US$25.36, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 4.2% of James Mackin's stake.

Artivion 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 click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

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 Artivion insiders own 6.0% of the company, worth about US$62m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Artivion Insider Transactions Indicate?

Insiders sold Artivion shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Artivion. Every company has risks, and we've spotted 2 warning signs for Artivion you should know about.

But note: Artivion 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.