Despite Hitting US$7.79, Comstock Holding Companies Insiders Still Sold Too Soon

Comstock Holding Companies, Inc.'s (NASDAQ:CHCI) value has fallen 12% in the last week, but insiders who sold US$195k worth of stock over the last year have had less success. Insiders might have been better off holding onto their shares, given that the average selling price of US$8.91 is still below the current share price.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Comstock Holding Companies

The Last 12 Months Of Insider Transactions At Comstock Holding Companies

Over the last year, we can see that the biggest insider sale was by the Independent Director, David Guernsey, for US$112k worth of shares, at about US$10.00 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$7.79. So it may not shed much light on insider confidence at current levels.

Comstock Holding Companies insiders didn't buy any shares 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!

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Comstock Holding Companies Insiders Are Selling The Stock

Over the last three months, we've seen significant insider selling at Comstock Holding Companies. In total, insiders dumped US$149k worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.

Does Comstock Holding Companies Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Comstock Holding Companies insiders own 67% of the company, currently worth about US$56m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Comstock Holding Companies Tell Us?

Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. 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 Comstock Holding Companies. At Simply Wall St, we found 4 warning signs for Comstock Holding Companies that deserve your attention before buying any shares.

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.