This Insider Has Just Sold Shares In Ryder System

Some Ryder System, Inc. (NYSE:R) shareholders may be a little concerned to see that the President of Global Fleet Management Solutions, Thomas Havens, recently sold a substantial US$630k worth of stock at a price of US$157 per share. That's a big disposal, and it decreased their holding size by 16%, which is notable but not too bad.

Check out our latest analysis for Ryder System

The Last 12 Months Of Insider Transactions At Ryder System

In the last twelve months, the biggest single sale by an insider was when the Executive VP, Robert Fatovic, sold US$2.3m worth of shares at a price of US$107 per share. That means that even when the share price was below the current price of US$166, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 29% of Robert Fatovic's holding.

Ryder System insiders didn't buy any shares over the last year. 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 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. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Ryder System insiders own 2.7% of the company, worth about US$189m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Ryder System Insiders?

An insider hasn't bought Ryder System stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. On the plus side, Ryder System makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 4 warning signs for Ryder System (1 shouldn't be ignored) you should be aware of.

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 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.