Anyone interested in Standex international company (NYSE:SXI) should probably know that Vice President, Chief Financial Officer and Treasurer Ademir Sarcevic recently sold $110,000 worth of company stock, at an average price of $91.84 each. However, the silver lining is that the sale only reduced their total stake by 7.9%, so we’re hesitant to read much into that, on its own.
See our latest analysis for Standex International
The last 12 months of insider trading at Standex International
In the past twelve months, the largest single insider sale occurred when independent director Charles Cannon sold $1.1 million worth of stock at $116 per share. While we generally don’t like to see insider selling, it’s more of a concern if the selling takes place at a lower price. The silver lining is that this sale took place above the last price (US$94.44). So this may not shed much light on insider confidence at current levels.
Standex International insiders have not purchased any shares in the past year. The chart below shows insider trading (by companies and individuals) over the past year. By clicking on the graph below, you will be able to see the precise detail of each insider trade!
I would like Standex International better if I see big insider buys. In the meantime, watch this free list of growing companies with significant and recent insider buying.
Insider ownership
Examining the total insider holdings in a company can help you know if they are well aligned with common shareholders. High insider participation often makes company management more concerned with the interests of shareholders. Insiders own 2.1% of the shares of Standex International, worth approximately $23 million. While this is a high but not exceptional level of insider ownership, it suffices to indicate some alignment between management and small shareholders.
So what do Standex International’s insider trading indicate?
An insider recently sold shares, but did not buy. Looking at the last twelve months, our data shows no insider buying. On the positive side, Standex International is making money and increasing its profits. Insider ownership is not particularly high, so this analysis makes us cautious about the company. We would exercise caution before purchasing! In addition to knowing what insider trading is going on, it is beneficial to identify the risks that Standex International faces. To help you, we found 1 warning sign which you should browse to get a better picture of Standex International.
Sure, you might find a fantastic investment by looking elsewhere. So take a look at this free list of interesting companies.
For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.
