Chief Executive Officer & President of TheFork Of Tripadvisor Sold 51% Of Their Shares

Anyone interested in Tripadvisor, Inc. (NASDAQ:TRIP) should probably be aware that the Chief Executive Officer & President of TheFork, Almir Ambeskovic, recently divested US$255k worth of shares in the company, at an average price of US$15.33 each. In particular, we note that the sale equated to a 51% reduction in their position size, which doesn't exactly instill confidence.

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The Last 12 Months Of Insider Transactions At Tripadvisor

Notably, that recent sale by Almir Ambeskovic is the biggest insider sale of Tripadvisor shares that we've seen in the last year. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$13.54. So it may not tell us anything about how insiders feel about the current share price.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for Tripadvisor

I will like Tripadvisor better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Tripadvisor

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Tripadvisor insiders own about US$16m worth of shares. That equates to 0.9% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Tripadvisor Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. On the plus side, Tripadvisor makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tripadvisor. Case in point: We've spotted 2 warning signs for Tripadvisor you should be aware of.

But note: Tripadvisor 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 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.