AstroNova's Stock Sinks To US$10.71, But Insiders Sold Even Lower

AstroNova, Inc.'s (NASDAQ:ALOT) stock price has dropped 10% in the previous week, but insiders who sold US$89k in stock over the past year have had less luck. Given that the average selling price of US$17.79 is still lower than the current share price, insiders would probably have been better off keeping their shares.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for AstroNova

The Last 12 Months Of Insider Transactions At AstroNova

Over the last year, we can see that the biggest insider sale was by the Vice President of Operations, Stephen Petrarca, for US$89k worth of shares, at about US$17.79 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$10.71). So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Stephen Petrarca.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership Of AstroNova

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that AstroNova insiders own about US$5.7m worth of shares (which is 6.8% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At AstroNova Tell Us?

There haven't been any insider transactions in the last three months -- that doesn't mean much. We don't take much encouragement from the transactions by AstroNova insiders. And usually insiders own more stock in the company, according to our data. 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. At Simply Wall St, we've found that AstroNova has 3 warning signs (1 makes us a bit uncomfortable!) that deserve your attention before going any further with your analysis.

Of course AstroNova 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.