Some Dominion Energy, Inc. (NYSE:D) shareholders may be a little concerned to see that the Executive VP, Diane Leopold, recently sold a whopping US$1.1m worth of stock at a price of US$82.32 per share. That's a big dump, and it decreased their holding size by 13%, which is notable but not too bad.
Dominion Energy Insider Transactions Over The Last Year
Independent Director Michael Szymanczyk made the biggest insider purchase in the last 12 months. That single transaction was for US$1.7m worth of shares at a price of US$78.85 each. That means that an insider was happy to buy shares at around the current price of US$79.62. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices.
Over the last year, we can see that insiders have bought 33967.979999999996 shares worth US$2.6m. But insiders sold 16662.75 shares worth US$1.3m. In the last twelve months there was more buying than selling by Dominion Energy insiders. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Insider Ownership of Dominion Energy
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. Dominion Energy insiders own about US$179m worth of shares (which is 0.3% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Do The Dominion Energy Insider Transactions Indicate?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Dominion Energy. Looks promising! Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Dominion Energy.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, 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 firstname.lastname@example.org. 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.