We'd be surprised if HF Sinclair Corporation (NYSE:DINO) shareholders haven't noticed that the Executive Vice President of Operations, Valeria Pompa, recently sold US$403k worth of stock at US$57.53 per share. In particular, we note that the sale equated to a 53% reduction in their position size, which doesn't exactly instill confidence.

The Last 12 Months Of Insider Transactions At HF Sinclair

The insider, Michael Jennings, made the biggest insider sale in the last 12 months. That single transaction was for US$2.8m worth of shares at a price of US$56.85 each. That means that an insider was selling shares at slightly below the current price (US$58.66). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was 98% of Michael Jennings's holding.

In total, HF Sinclair insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does HF Sinclair Boast High 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. We usually like to see fairly high levels of insider ownership. HF Sinclair insiders own about US$35m worth of shares. That equates to 0.3% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The HF Sinclair Insider Transactions Indicate?

Unfortunately, there has been more insider selling of HF Sinclair stock, than buying, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 4 warning signs we've spotted with HF Sinclair (including 1 which is a bit concerning).

Of course HF Sinclair 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.