CEO & Non-Independent Director Trevor Baldwin Sold A Bunch Of Shares In Baldwin Insurance Group

Some The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) shareholders may be a little concerned to see that the CEO & Non-Independent Director, Trevor Baldwin, recently sold a substantial US$5.4m worth of stock at a price of US$40.00 per share. That diminished their holding by a very significant 77%, which arguably implies a strong desire to reallocate capital.

See our latest analysis for Baldwin Insurance Group

The Last 12 Months Of Insider Transactions At Baldwin Insurance Group

Over the last year, we can see that the biggest insider sale was by the insider, James Roche, for US$14m worth of shares, at about US$43.13 per share. So we know that an insider sold shares at around the present share price of US$39.97. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Baldwin Insurance Group insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart 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: Most of them are flying under the radar).

Insider Ownership Of Baldwin Insurance Group

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Baldwin Insurance Group insiders own about US$34m worth of shares. That equates to 0.7% 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.

So What Do The Baldwin Insurance Group Insider Transactions Indicate?

Insiders sold Baldwin Insurance Group 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'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Baldwin Insurance Group has 1 warning sign we think you should be aware of.

Of course Baldwin Insurance Group 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.