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This Insider Has Just Sold Shares In Forestar Group

この内部者は、フォレスターグループの株式を売却しました。

Simply Wall St ·  2023/12/03 07:22

We'd be surprised if Forestar Group Inc. (NYSE:FOR) shareholders haven't noticed that the Chief Executive Officer, Daniel Bartok, recently sold US$410k worth of stock at US$31.25 per share. That sale was 16% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for Forestar Group

The Last 12 Months Of Insider Transactions At Forestar Group

In fact, the recent sale by Daniel Bartok was the biggest sale of Forestar Group shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$31.45. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Insiders in Forestar Group didn't buy any shares in 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!

insider-trading-volume
NYSE:FOR Insider Trading Volume December 3rd 2023

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).

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Forestar Group insiders own about US$8.4m worth of shares (which is 0.5% of the company). We do generally prefer see higher levels of insider ownership.

So What Do The Forestar Group Insider Transactions Indicate?

An insider hasn't bought Forestar Group 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. When you consider that most companies have higher levels of insider ownership, we're a little wary. We'd certainly practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Forestar Group. Every company has risks, and we've spotted 1 warning sign for Forestar Group you should know about.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

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