Have Chase Corporation (NYSEMKT:CCF) Insiders Been Selling Their Stock?

We'd be surprised if Chase Corporation (NYSEMKT:CCF) shareholders haven't noticed that the Interim Treasurer, Adam Chase, recently sold US$102k worth of stock at US$102 per share. On the bright side, that sale was only 0.3% of their holding, so we doubt it's very meaningful, on its own.

View our latest analysis for Chase

Chase Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Independent Director, Thomas Wroe, sold US$127k worth of shares at a price of US$106 per share. That means that an insider was selling shares at around the current price of US$104. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Insiders in Chase didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. 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 winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Chase Boast High 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. Chase insiders own about US$130m worth of shares (which is 13% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Chase Insiders?

Insiders sold Chase shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Chase is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Chase. At Simply Wall St, we found 1 warning sign for Chase that deserve your attention before buying any shares.

But note: Chase 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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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