This Insider Has Just Sold Shares In Insight Enterprises

Some Insight Enterprises, Inc. (NASDAQ:NSIT) shareholders may be a little concerned to see that the Independent Director, Richard Allen, recently sold a substantial US$1.1m worth of stock at a price of US$157 per share. That's a big disposal, and it decreased their holding size by 21%, which is notable but not too bad.

View our latest analysis for Insight Enterprises

Insight Enterprises Insider Transactions Over The Last Year

The President, Joyce Mullen, made the biggest insider sale in the last 12 months. That single transaction was for US$2.0m worth of shares at a price of US$201 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$154). So it may not shed much light on insider confidence at current levels.

Insiders in Insight Enterprises didn't buy any shares in 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!

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Insider Ownership Of Insight Enterprises

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. Insiders own 1.4% of Insight Enterprises shares, worth about US$69m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Insight Enterprises Tell Us?

Insiders sold Insight Enterprises shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. In terms of investment risks, we've identified 2 warning signs with Insight Enterprises and understanding them should be part of your investment process.

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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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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.