Brilliant Earth Group Insiders Miss 10% Gain After Offloading Stock

Brilliant Earth Group, Inc.'s (NASDAQ:BRLT) stock rose 10% last week, but insiders who sold US$76k worth of stock over the last year are probably in a more advantageous position. Selling at an average price of US$2.52, which is higher than the current price, may have been the wisest decision for these insiders as their investment would have been worth less now than when they sold.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Brilliant Earth Group

The Last 12 Months Of Insider Transactions At Brilliant Earth Group

Over the last year, we can see that the biggest insider sale was by the Independent Director, Ian Bickley, for US$76k worth of shares, at about US$2.52 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$1.69). So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Ian Bickley.

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!

I will like Brilliant Earth Group 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.

Does Brilliant Earth Group 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. Our data isn't picking up on much insider ownership at Brilliant Earth Group, though insiders do hold about US$762k worth of shares. We might be missing something but that seems like very low insider ownership.

So What Does This Data Suggest About Brilliant Earth Group Insiders?

The fact that there have been no Brilliant Earth Group insider transactions recently certainly doesn't bother us. Our analysis of Brilliant Earth Group insider transactions leaves us unenthusiastic. We also note that, as far as we can see, insider ownership is fairly low, compared to other companies. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Brilliant Earth Group. To that end, you should learn about the 2 warning signs we've spotted with Brilliant Earth Group (including 1 which shouldn't be ignored).

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.