Have Insiders Sold Climb Global Solutions Shares Recently?

Some Climb Global Solutions, Inc. (NASDAQ:CLMB) shareholders may be a little concerned to see that the CEO & Director, Dale Foster, recently sold a substantial US$1.0m worth of stock at a price of US$102 per share. That sale reduced their total holding by 11% which is hardly insignificant, but far from the worst we've seen.

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Climb Global Solutions Insider Transactions Over The Last Year

Notably, that recent sale by CEO & Director Dale Foster was not the only time they sold Climb Global Solutions shares this year. They previously made an even bigger sale of -US$1.4m worth of shares at a price of US$124 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$107. So it may not tell us anything about how insiders feel about the current share price.

Climb Global Solutions insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Climb Global Solutions

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Does Climb Global Solutions Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Climb Global Solutions insiders own about US$30m worth of shares. That equates to 6.1% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Climb Global Solutions Insider Transactions Indicate?

Insiders sold Climb Global Solutions shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Climb Global Solutions makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Climb Global Solutions. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Climb Global Solutions.

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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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