Trade Alert: Independent Director Of CCC Intelligent Solutions Holdings Lauren Young Has Sold Stock

We wouldn't blame CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) shareholders if they were a little worried about the fact that Lauren Young, the Independent Director recently netted about US$282m selling shares at an average price of US$11.30. That sale reduced their total holding by 42% which is hardly insignificant, but far from the worst we've seen.

View our latest analysis for CCC Intelligent Solutions Holdings

The Last 12 Months Of Insider Transactions At CCC Intelligent Solutions Holdings

In the last twelve months, the biggest single sale by an insider was when the insider, J. Egan, sold US$706m worth of shares at a price of US$10.11 per share. That means that an insider was selling shares at slightly below the current price (US$11.10). 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. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was 100% of J. Egan's holding.

Insiders in CCC Intelligent Solutions Holdings didn't buy any shares in the last year. 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!

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. It's great to see that CCC Intelligent Solutions Holdings insiders own 3.5% of the company, worth about US$245m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other 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. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for CCC Intelligent Solutions Holdings.

Of course CCC Intelligent Solutions Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com