Trade Alert: Chairman & CEO Of Camping World Holdings Marcus Lemonis Has Sold Stock

Some Camping World Holdings, Inc. (NYSE:CWH) shareholders may be a little concerned to see that the Chairman & CEO, Marcus Lemonis, recently sold a substantial US$5.6m worth of stock at a price of US$22.43 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 62% of their entire holding.

View our latest analysis for Camping World Holdings

The Last 12 Months Of Insider Transactions At Camping World Holdings

Notably, that recent sale by Marcus Lemonis is the biggest insider sale of Camping World Holdings shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even below the current price of US$23.31. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was 62% of Marcus Lemonis's holding.

Marcus Lemonis ditched 350.00k shares over the year. The average price per share was US$23.34. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that Camping World Holdings insiders own 0.9% of the company, worth about US$9.7m. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Camping World Holdings Insiders?

An insider sold Camping World Holdings shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. When you combine this with the relatively low insider ownership, we are very cautious about the stock. So we'd only buy after very careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Camping World Holdings. Every company has risks, and we've spotted 2 warning signs for Camping World Holdings you should know about.

But note: Camping World Holdings 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.