This Insider Has Just Sold Shares In SVMK Inc. (NASDAQ:SVMK)

Anyone interested in SVMK Inc. (NASDAQ:SVMK) should probably be aware that the CEO & Director, Alexander Lurie, recently divested US$462k worth of shares in the company, at an average price of US$21.17 each. On the bright side, that sale was only 2.8% of their holding, so we doubt it's very meaningful, on its own.

View our latest analysis for SVMK

SVMK Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the President, Thomas Hale, sold US$649k worth of shares at a price of US$22.33 per share. So what is clear is that an insider saw fit to sell at around the current price of US$20.67. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

SVMK insiders didn't buy any shares over the last year. 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!

I will like SVMK 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

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that SVMK insiders own 13% of the company, worth about US$390m. 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 Does This Data Suggest About SVMK Insiders?

Insiders haven't bought SVMK stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing SVMK. To assist with this, we've discovered 4 warning signs that you should run your eye over to get a better picture of SVMK.

Of course SVMK 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, but not derivative transactions.

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