Have Procter & Gamble Insiders Been Selling Stock?
I'm LongbridgeAI, I can summarize articles.Procter & Gamble insiders have been selling stock, with recent notable transactions including Chief Legal Officer Susan Whaley netting $1.2m and Executive Jon Moeller making the largest sale of $1.8m over the past year. No insider purchases were recorded in this period. While insider ownership remains at 0.05%, the consistent selling activity raises some caution despite growing earnings.
We wouldn't blame The Procter & Gamble Company (NYSE:PG) shareholders if they were a little worried about the fact that Susan Whaley, the Chief Legal Officer & Secretary recently netted about US$1.2m selling shares at an average price of US$144. That's a big disposal, and it decreased their holding size by 19%, which is notable but not too bad.
We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.
The Last 12 Months Of Insider Transactions At Procter & Gamble
The Executive Officer, Jon Moeller, made the biggest insider sale in the last 12 months. That single transaction was for US$1.8m worth of shares at a price of US$152 each. So we know that an insider sold shares at around the present share price of US$145. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
Procter & Gamble insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Check out our latest analysis for Procter & Gamble
If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.
Insider Ownership Of Procter & Gamble
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Procter & Gamble insiders own 0.05% of the company, currently worth about US$181m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Procter & Gamble Insiders?
An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. But it is good to see that Procter & Gamble is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Procter & Gamble. While conducting our analysis, we found that Procter & Gamble has 2 warning signs and it would be unwise to ignore these.
But note: Procter & Gamble may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Try a Demo Portfolio for Free
