Anyone interested in Vail Resorts, Inc. (NYSE:MTN) should probably be aware that the Chief Accounting Officer, Ryan Siurek, recently divested US$189k worth of shares in the company, at an average price of US$236 each. In particular, we note that the sale equated to a 77% reduction in their position size, which doesn't exactly instill confidence.
Vail Resorts Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the President of Mountain Division, Patricia Campbell, sold US$3.1m worth of shares at a price of US$233 per share. That means that an insider was selling shares at around the current price of US$229. While we don't usually like to see insider selling, it's more concerning if the sales take place 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.
Over the last year, we note insiders sold 23202 shares worth US$5.3m. In the last year Vail Resorts insiders didn't buy any company stock. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Vail Resorts insiders own about US$105m worth of shares (which is 1.1% of the company). 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 Do The Vail Resorts Insider Transactions Indicate?
An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.
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