The Executive VP & Chief Innovation Officer of Employers Holdings, Inc. (NYSE:EIG), Tracey Berg, Just Sold 33% Of Their Holding

Anyone interested in Employers Holdings, Inc. (NYSE:EIG) should probably be aware that the Executive VP & Chief Innovation Officer, Tracey Berg, recently divested US$319k worth of shares in the company, at an average price of US$37.51 each. That sale was 33% of their holding, so it does make us raise an eyebrow.

See our latest analysis for Employers Holdings

Employers Holdings Insider Transactions Over The Last Year

The President Douglas Dirks made the biggest insider purchase in the last 12 months. That single transaction was for US$559k worth of shares at a price of US$29.53 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$40.20. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months insiders purchased 46.08k shares for US$1.4m. But they sold 9.86k shares for US$359k. In the last twelve months there was more buying than selling by Employers Holdings insiders. 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!

Employers Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 3.4% of Employers Holdings shares, worth about US$38m. 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 Employers Holdings Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. On the other hand, the insider transactions over the last year are encouraging. And insiders do own shares. So the recent selling doesn't worry us too much. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Employers Holdings. Every company has risks, and we've spotted 1 warning sign for Employers Holdings you should know about.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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