Last week, shares of ManTech International Corporation (NASDAQ: MANT) jumped 5.8%, but insiders who sold $ 1.2 million worth of shares in the past year are expected to be in a tight spot. best position. Selling at an average price of US $ 85.53, which is higher than the current price, may have been the best decision for these insiders, as their investment would have been worth less now than when it was sold.
While we never suggest that investors should base their decisions solely on what a company’s directors have done, we would consider it foolish to ignore insider trading altogether.
The last 12 months of insider trading at ManTech International
Independent director Richard Kerr made the biggest insider sale in the past 12 months. This single transaction involved shares valued at US $ 363,000 at a price of US $ 84.00 each. We usually don’t like to see insider sales, but the lower the selling price, the more it concerns us. It is heartwarming that this sale was made at a much higher price than the current share price of US $ 73.13. So it might not shed much light on insider confidence at current levels.
ManTech International insiders have not bought any shares in the past year. The chart below shows insider trading (by businesses and individuals) over the past year. If you click on the chart, you can see all of the individual trades including the stock price, individual and date!
NasdaqGS: MANT Insider Trading Volume December 28, 2021
If you like to buy stocks that insiders buy rather than sell, then you might love this free list of companies. (Hint: insiders bought them).
I like to watch how many shares insiders own in a company, to help inform my perspective on their alignment with insiders. Strong insider ownership often makes company management more concerned with the interests of shareholders. ManTech International insiders own around $ 981 million in stock (or 33% of the company). I like to see this level of insider ownership because it increases the chances that management is thinking in the best interests of shareholders.
So what does this data suggest about ManTech International insiders?
We certainly don’t mind the fact that there haven’t been any ManTech International Insider Transactions recently. It is encouraging that insiders own a lot of stocks, but we would like to see more insider buying as the last year of ManTech International insider trading does not give us confidence. While we love to know what’s going on with insider ownership and trading, we also make sure to consider the risks a stock faces before making any investment decisions. For example – ManTech International has 1 warning sign we think you should be aware.
Sure, you might find a fantastic investment looking elsewhere. So take a look at this free list of interesting companies.
For the purposes of this article, insiders are those persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.
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