Have Inuvo, Inc. (NYSEMKT:INUV) Insiders Been Selling Their Stock?

Anyone interested in Inuvo, Inc. (NYSEMKT:INUV) should probably be aware that the General Counsel, John Pisaris, recently divested US$143k worth of shares in the company, at an average price of US$1.43 each. That sale was 20% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for Inuvo

The Last 12 Months Of Insider Transactions At Inuvo

In the last twelve months, the biggest single purchase by an insider was when Lead Independent Director Charles Morgan bought US$250k worth of shares at a price of US$0.17 per share. We do like to see buying, but this purchase was made at well below the current price of US$1.41. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 3.93m shares worth US$688k. But they sold 191.37k shares for US$273k. Overall, Inuvo insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Inuvo is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 19% of Inuvo shares, worth about US$32m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Inuvo Insiders?

Insiders haven't bought Inuvo stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. And insiders do own shares. So we're happy enough to look past some selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Inuvo. To that end, you should learn about the 2 warning signs we've spotted with Inuvo (including 1 which is a bit unpleasant).

Of course Inuvo 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.

If you’re looking to trade Inuvo, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted

This article by Simply Wall St is general in nature. 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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

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