Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Atlantic Union Bankshares Corporation (NYSE:AUB), that sends out a positive message to the company's shareholders.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Atlantic Union Bankshares Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Director Frank Ellett for US$454k worth of shares, at about US$31.71 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$36.28. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Over the last year, we can see that insiders have bought 21.47k shares worth US$700k. On the other hand they divested 2.19k shares, for US$75k. Overall, Atlantic Union Bankshares insiders were net buyers during 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!

Atlantic Union Bankshares is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

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. It appears that Atlantic Union Bankshares insiders own 1.1% of the company, worth about US$36m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Atlantic Union Bankshares Tell Us?

There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in Atlantic Union Bankshares and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Atlantic Union Bankshares. Case in point: We've spotted 1 warning sign for Atlantic Union Bankshares you should be aware of.

Of course Atlantic Union Bankshares 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.