Bullish Ryan Specialty Holdings Insiders Rewarded As Their Investment Rises To US$10.8m
Insiders who bought Ryan Specialty Holdings, Inc. (NYSE:RYAN) stock in the last 12 months were richly rewarded last week. The company's market value increased by US$606m as a result of the stock's 11% gain over the same period. Put another way, the original US$7.93m acquisition is now worth US$10.8m.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Ryan Specialty Holdings
Ryan Specialty Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Chairman & CEO Patrick Ryan bought US$7.8m worth of shares at a price of US$37.39 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$50.76. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
Happily, we note that in the last year insiders paid US$7.9m for 212.10k shares. On the other hand they divested 115.54k shares, for US$5.0m. Overall, Ryan Specialty Holdings insiders were net buyers during 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!
Ryan Specialty Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of Ryan Specialty Holdings
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Ryan Specialty Holdings insiders own about US$1.1b worth of shares (which is 9.0% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Do The Ryan Specialty Holdings Insider Transactions Indicate?
The fact that there have been no Ryan Specialty Holdings insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Ryan Specialty Holdings insiders think the business has merit. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To that end, you should learn about the 2 warning signs we've spotted with Ryan Specialty Holdings (including 1 which is concerning).
Of course Ryan Specialty Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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.
