Have Insiders Sold Hamilton Insurance Group Shares Recently?

Some Hamilton Insurance Group, Ltd. (NYSE:HG) shareholders may be a little concerned to see that the Chief Executive Officer of Hamilton Re, Megan Graves, recently sold a substantial US$526k worth of stock at a price of US$21.02 per share. That's a big disposal, and it decreased their holding size by 19%, which is notable but not too bad.

We've discovered 2 warning signs about Hamilton Insurance Group. View them for free.

Hamilton Insurance Group Insider Transactions Over The Last Year

In fact, the recent sale by Chief Executive Officer of Hamilton Re Megan Graves was not their only sale of Hamilton Insurance Group shares this year. Earlier in the year, they fetched US$20.06 per share in a -US$1.1m sale. That means that an insider was selling shares at slightly below the current price (US$20.66). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 23% of Megan Graves's holding.

In total, Hamilton Insurance Group insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Hamilton Insurance Group

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Does Hamilton Insurance Group Boast High Insider Ownership?

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. It appears that Hamilton Insurance Group insiders own 3.3% of the company, worth about US$72m. 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 Does This Data Suggest About Hamilton Insurance Group Insiders?

Unfortunately, there has been more insider selling of Hamilton Insurance Group stock, than buying, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Hamilton Insurance Group. For example - Hamilton Insurance Group has 2 warning signs we think you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.