We wouldn't blame Gulfport Energy Corporation (NYSE:GPOR) shareholders if they were a little worried about the fact that Patrick Craine, the Executive VP recently netted about US$1.1m selling shares at an average price of US$140. That's a big disposal, and it decreased their holding size by 48%, which is notable but not too bad.

Gulfport Energy Insider Transactions Over The Last Year

Notably, that recent sale by Executive VP Patrick Craine was not the only time they sold Gulfport Energy shares this year. Earlier in the year, they fetched US$159 per share in a -US$11m sale. That means that an insider was selling shares at around the current price of US$145. 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.

Gulfport Energy insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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Does Gulfport Energy 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. Gulfport Energy insiders own about US$23m worth of shares. That equates to 0.9% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Gulfport Energy Tell Us?

Insiders sold Gulfport Energy shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! 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. Case in point: We've spotted 3 warning signs for Gulfport Energy you should be aware of, and 2 of them are a bit unpleasant.

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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.