Senior VP of Sales & Operations and Chief Merchandising Officer Renee Bacon Sold A Bunch Of Shares In Murphy USA

Some Murphy USA Inc. (NYSE:MUSA) shareholders may be a little concerned to see that the Senior VP of Sales & Operations and Chief Merchandising Officer, Renee Bacon, recently sold a substantial US$939k worth of stock at a price of US$470 per share. That's a big disposal, and it decreased their holding size by 25%, which is notable but not too bad.

View our latest analysis for Murphy USA

Murphy USA Insider Transactions Over The Last Year

The Independent Non-Executive Chairman, Robert Murphy, made the biggest insider sale in the last 12 months. That single transaction was for US$8.6m worth of shares at a price of US$515 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$466. So it may not tell us anything about how insiders feel about the current share price.

Murphy USA insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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 Of Murphy USA

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Murphy USA insiders own 9.3% of the company, currently worth about US$877m 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.

So What Do The Murphy USA Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Murphy USA. Case in point: We've spotted 2 warning signs for Murphy USA you should be aware of.

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.