Kennedy-Wilson Holdings Independent Director Cathy L. Hendrickson Sells 28% Of Holding

We'd be surprised if Kennedy-Wilson Holdings, Inc. (NYSE:KW) shareholders haven't noticed that the Independent Director, Cathy L. Hendrickson, recently sold US$259k worth of stock at US$8.62 per share. The eyebrow raising move amounted to a reduction of 28% in their holding.

Check out our latest analysis for Kennedy-Wilson Holdings

Kennedy-Wilson Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Cathy L. Hendrickson is the biggest insider sale of Kennedy-Wilson Holdings shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$8.62. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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).

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Kennedy-Wilson Holdings 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

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Kennedy-Wilson Holdings insiders own 13% of the company, currently worth about US$156m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Kennedy-Wilson Holdings Insiders?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. It is good to see high insider ownership, but the insider selling leaves us cautious. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Be aware that Kennedy-Wilson Holdings is showing 4 warning signs in our investment analysis, and 3 of those make us uncomfortable...

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.