Malcolm Wilson Bought 11% More Shares In GXO Logistics

Potential GXO Logistics, Inc. (NYSE:GXO) shareholders may wish to note that the CEO & Director, Malcolm Wilson, recently bought US$500k worth of stock, paying US$49.95 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 11%.

Check out our latest analysis for GXO Logistics

The Last 12 Months Of Insider Transactions At GXO Logistics

Over the last year, we can see that the biggest insider sale was by the Independent Director, Gena Ashe, for US$905k worth of shares, at about US$50.00 per share. So what is clear is that an insider saw fit to sell at around the current price of US$47.94. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. 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). Gena Ashe was the only individual insider to sell shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of GXO Logistics

For a common shareholder, it is worth checking how many shares are held by company 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. It appears that GXO Logistics insiders own 0.8% of the company, worth about US$44m. 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 GXO Logistics Tell Us?

The recent insider purchase is heartening. On the other hand the transaction history, over the last year, isn't so positive. We don't take much heart from transactions by GXO Logistics insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. Overall they seem reasonably aligned. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing GXO Logistics. At Simply Wall St, we found 1 warning sign for GXO Logistics that deserve your attention before buying any shares.

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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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com