The President & CFO of Mesa Air Group, Inc. (NASDAQ:MESA), Michael Lotz, Just Sold 40% Of Their Holding

Some Mesa Air Group, Inc. (NASDAQ:MESA) shareholders may be a little concerned to see that the President & CFO, Michael Lotz, recently sold a substantial US$1.8m worth of stock at a price of US$11.98 per share. That sale reduced their total holding by 40% which is hardly insignificant, but far from the worst we've seen.

See our latest analysis for Mesa Air Group

The Last 12 Months Of Insider Transactions At Mesa Air Group

Over the last year, we can see that the biggest insider purchase was by insider Ronald Burkle for US$13m worth of shares, at about US$5.97 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$12.14. 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.

Happily, we note that in the last year insiders paid US$14m for 2.97m shares. But insiders sold 380.56k shares worth US$3.9m. In total, Mesa Air Group insiders bought more than they sold over the last year. Their average price was about US$4.67. To my mind it is good that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Insider Ownership of Mesa Air Group

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Mesa Air Group insiders own about US$54m worth of shares. That equates to 13% of the company. 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 Mesa Air Group Tell Us?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of Mesa Air Group we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mesa Air Group. At Simply Wall St, we found 4 warning signs for Mesa Air Group that deserve your attention before buying any shares.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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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