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Don't Ignore The Fact That This Insider Just Sold Some Shares In Hingham Institution for Savings (NASDAQ:HIFS)

Simply Wall St

We note that the Hingham Institution for Savings (NASDAQ:HIFS) Clerk & Director, Jacqueline Youngworth, recently sold US$95k worth of stock for US$189 per share. However we note that the sale only shrunk their holding by 1.0%.

Check out our latest analysis for Hingham Institution for Savings

Hingham Institution for Savings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Scott Moser, for US$419k worth of shares, at about US$210 per share. So we know that an insider sold shares at around the present share price of US$188. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last twelve months insiders purchased 1321 shares for US$247k. But they sold 9132 for US$1.8m. In total, Hingham Institution for Savings insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

NasdaqGM:HIFS Recent Insider Trading, October 19th 2019

I will like Hingham Institution for Savings better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Hingham Institution for Savings insiders own 25% of the company, worth about US$100m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Hingham Institution for Savings Insiders?

Insiders haven't bought Hingham Institution for Savings stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. To put this in context, take a look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.

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.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.