Grid Dynamics Holdings Sees Insider Stock Selling

Viewing insider transactions for Grid Dynamics Holdings, Inc.'s (NASDAQ:GDYN ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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Grid Dynamics Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the CEO & Director, Leonard Livschitz, for US$1.1m worth of shares, at about US$22.11 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$11.48. So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Leonard Livschitz.

Leonard Livschitz sold a total of 65.31k shares over the year at an average price of US$20.35. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for Grid Dynamics Holdings

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Are Grid Dynamics Holdings Insiders Buying Or Selling?

In the last three months, CEO & Director Leonard Livschitz sold US$2.0k worth of shares. That's not much at all. The net selling is so small that it's hard to draw any conclusions from these recent transactions.

Insider Ownership Of Grid Dynamics Holdings

Many investors like to check how much of a company is owned by insiders. 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 appears that Grid Dynamics Holdings insiders own 5.6% of the company, worth about US$54m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Grid Dynamics Holdings Tell Us?

While there has not been any insider buying in the last three months, there has been selling. But given the selling was modest, we're not worried. Recent sales exacerbate our caution arising from analysis of Grid Dynamics Holdings insider transactions. But we do like the fact that insiders own a fair chunk of the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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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.