Anyone interested in Blackbaud, Inc. (NASDAQ:BLKB) should probably be aware that the Executive VP & COO, Kevin Gregoire, recently divested US$362k worth of shares in the company, at an average price of US$72.48 each. On the bright side, that sale was only 4.4% of their holding, so we doubt it's very meaningful, on its own.

See our latest analysis for Blackbaud

The Last 12 Months Of Insider Transactions At Blackbaud

Over the last year, we can see that the biggest insider sale was by the Executive VP of Finance & Administration and CFO, Anthony Boor, for US$1.8m worth of shares, at about US$55.85 per share. That means that an insider was selling shares at slightly below the current price (US$72.55). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 19% of Anthony Boor's holding.

Blackbaud 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Blackbaud

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Blackbaud insiders own 2.0% of the company, worth about US$76m. 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 Blackbaud Tell Us?

Insiders haven't bought Blackbaud 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. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Blackbaud. At Simply Wall St, we've found that Blackbaud has 2 warning signs (1 can't be ignored!) that deserve your attention before going any further with your analysis.

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.