Executive Vice President of Human Resources & Labor Relations Kate Gebo Sold A Bunch Of Shares In United Airlines Holdings

We wouldn't blame United Airlines Holdings, Inc. (NASDAQ:UAL) shareholders if they were a little worried about the fact that Kate Gebo, the Executive Vice President of Human Resources & Labor Relations recently netted about US$2.8m selling shares at an average price of US$80.55. That's a big disposal, and it decreased their holding size by 30%, which is notable but not too bad.

View our latest analysis for United Airlines Holdings

The Last 12 Months Of Insider Transactions At United Airlines Holdings

Notably, that recent sale by Kate Gebo is the biggest insider sale of United Airlines Holdings shares that we've seen in the last year. That means that even when the share price was below the current price of US$87.58, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 30% of Kate Gebo's holding.

United Airlines Holdings 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. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. United Airlines Holdings insiders own about US$161m worth of shares (which is 0.6% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The United Airlines Holdings Insider Transactions Indicate?

Insiders sold United Airlines Holdings shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. You'd be interested to know, that we found 2 warning signs for United Airlines Holdings and we suggest you have a look.

Of course United Airlines Holdings 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.