Have Insiders Sold CCC Intelligent Solutions Holdings Shares Recently?

We wouldn't blame CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) shareholders if they were a little worried about the fact that J. Egan, a company insider, recently netted about US$193m selling shares at an average price of US$11.58. That's a big disposal, and it decreased their holding size by 25%, which is notable but not too bad.

See our latest analysis for CCC Intelligent Solutions Holdings

CCC Intelligent Solutions Holdings Insider Transactions Over The Last Year

Notably, that recent sale by insider J. Egan was not the only time they sold CCC Intelligent Solutions Holdings shares this year. They previously made an even bigger sale of -US$706m worth of shares at a price of US$10.11 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$11.71. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was 100% of J. Egan's holding.

CCC Intelligent Solutions Holdings 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!

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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. It's great to see that CCC Intelligent Solutions Holdings insiders own 3.6% of the company, worth about US$259m. 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 Do The CCC Intelligent Solutions Holdings Insider Transactions Indicate?

Insiders sold CCC Intelligent Solutions Holdings shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While we like knowing 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. While conducting our analysis, we found that CCC Intelligent Solutions Holdings has 1 warning sign and it would be unwise to ignore this.

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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.