Have Insiders Sold Consensus Cloud Solutions Shares Recently?

We'd be surprised if Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) shareholders haven't noticed that the Independent Director, Elaine Healy, recently sold US$137k worth of stock at US$34.27 per share. The eyebrow raising move amounted to a reduction of 18% in their holding.

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Consensus Cloud Solutions Insider Transactions Over The Last Year

In fact, the recent sale by Elaine Healy was the biggest sale of Consensus Cloud Solutions shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$33.50. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Elaine Healy divested 5.00k shares over the last 12 months at an average price of US$31.52. 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!

See our latest analysis for Consensus Cloud Solutions

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Does Consensus Cloud Solutions Boast High 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. We usually like to see fairly high levels of insider ownership. It appears that Consensus Cloud Solutions insiders own 4.9% of the company, worth about US$30m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Consensus Cloud Solutions Insider Transactions Indicate?

An insider sold Consensus Cloud Solutions shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. On the plus side, Consensus Cloud Solutions makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 2 warning signs for Consensus Cloud Solutions you should know about.

Of course Consensus Cloud Solutions 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.

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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.