A NortonLifeLock Inc. (NASDAQ:NLOK) insider lowered their holding by 100% earlier this year

By
Simply Wall St
Published
January 12, 2022
NasdaqGS:NLOK
Source: Shutterstock

Looking at NortonLifeLock Inc.'s (NASDAQ:NLOK ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for NortonLifeLock

NortonLifeLock Insider Transactions Over The Last Year

There wasn't any very large single transaction over the last year, but we can still observe some trading.

Natalie Derse divested 2.18k shares over the last 12 months at an average price of US$23.43. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqGS:NLOK Insider Trading Volume January 12th 2022

I will like NortonLifeLock better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

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. NortonLifeLock insiders own about US$47m worth of shares. That equates to 0.3% of the company. 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 NortonLifeLock Tell Us?

The fact that there have been no NortonLifeLock insider transactions recently certainly doesn't bother us. Still, the insider transactions at NortonLifeLock in the last 12 months are not very heartening. The modest level of insider ownership is, at least, some comfort. 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. Case in point: We've spotted 3 warning signs for NortonLifeLock you should be aware of, and 1 of these is potentially serious.

But note: NortonLifeLock may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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, but not derivative transactions.

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