International ManTech Company (NASDAQ: MANT) Shareholders may have reason to be concerned, as several insiders have sold their shares in the past year. Knowing whether insiders are buying is usually more useful when evaluating insider trading, as insider selling can have a variety of explanations. However, if many insiders are selling, shareholders should investigate further.
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.
Check out our latest analysis for ManTech International
The last 12 months of insider trading at ManTech International
Over the past year, we can see that the biggest insider sale came from independent director Richard Kerr for US $ 363,000 of shares, at around US $ 84.00 per share. While we generally don’t like to see insider sales, it is more of a concern whether the sales come at a lower price. The good news is that this big sale was well above the current price of US $ 70.16. So this may not tell us anything about what insiders think about the current share price.
ManTech International insiders have not bought any shares in the past year. Below you can see a visual representation of insider trading (by businesses and individuals) over the past 12 months. If you click on the chart, you can see all of the individual trades including the stock price, individual and date!
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).
Does ManTech International boast strong insider ownership?
Another way to test the alignment between a company’s executives and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will have an incentive to build the business for the long term. ManTech International insiders own 33% of the company, currently worth around US $ 941 million based on the recent share price. Most shareholders would be happy to see this type of insider ownership, as it suggests that management’s incentives are well aligned with those of other shareholders.
So what do ManTech International’s insider trading indicate?
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. To this end, you should inquire about the 2 warning signs we spotted with ManTech International (including 1 which does not suit us too much).
But beware : ManTech International may not be the best stock to buy. So take a look at this free list of interesting companies with high ROE and low debt.
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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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only 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 into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.