Trade Alert: The Senior VP & CFO Of International Paper Company (NYSE:IP), Timothy Nicholls, Has Sold Some Shares Recently

We wouldn't blame International Paper Company (NYSE:IP) shareholders if they were a little worried about the fact that Timothy Nicholls, the Senior VP & CFO recently netted about US$1.8m selling shares at an average price of US$53.93. That's a big disposal, and it decreased their holding size by 27%, which is notable but not too bad.

See our latest analysis for International Paper

The Last 12 Months Of Insider Transactions At International Paper

In fact, the recent sale by Timothy Nicholls was the biggest sale of International Paper shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$53.91. 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.

International Paper insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.4% of International Paper shares, worth about US$78m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At International Paper Tell Us?

Insiders sold International Paper shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! 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. Case in point: We've spotted 5 warning signs for International Paper 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, but not derivative transactions.

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