Trade Alert: The Executive Vice President of Mobile Connectivity Of KVH Industries, Inc. (NASDAQ:KVHI), Mark Woodhead, Has Sold Some Shares Recently

We'd be surprised if KVH Industries, Inc. (NASDAQ:KVHI) shareholders haven't noticed that the Executive Vice President of Mobile Connectivity, Mark Woodhead, recently sold US$389k worth of stock at US$13.66 per share. That sale was 38% of their holding, so it does make us raise an eyebrow.

View our latest analysis for KVH Industries

The Last 12 Months Of Insider Transactions At KVH Industries

In fact, the recent sale by Mark Woodhead was the biggest sale of KVH Industries shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$13.37. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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).

Over the last year we saw more insider selling of KVH Industries shares, than buying. 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that KVH Industries insiders own 11% of the company, worth about US$27m. 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 KVH Industries Tell Us?

Insiders sold stock recently, but they haven't been buying. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 3 warning signs for KVH Industries that deserve your attention before buying any shares.

Of course KVH Industries 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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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.
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