We wouldn't blame EVERTEC, Inc. (NYSE:EVTC) shareholders if they were a little worried about the fact that Luis Rodríguez-González, the Executive VP recently netted about US$1.3m selling shares at an average price of US$35.10. Probably the most concerning element of the whole transaction is that the disposal amounted to 78% of their entire holding.

EVERTEC Insider Transactions Over The Last Year

The President, Morgan Schuessler, made the biggest insider sale in the last 12 months. That single transaction was for US$5.9m worth of shares at a price of US$37.92 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$32.22. So it may not shed much light on insider confidence at current levels.

EVERTEC insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of EVERTEC

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that EVERTEC insiders own 0.9% of the company, worth about US$19m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At EVERTEC Tell Us?

Insiders haven't bought EVERTEC stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing EVERTEC. To that end, you should learn about the 3 warning signs we've spotted with EVERTEC (including 1 which shouldn't be ignored).

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 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.