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This Insider Has Just Sold Shares In Oil-Dri Corporation of America

このインサイダーは、AmericaのOil-Dri Corporationの株式を売却したばかりです。

Simply Wall St ·  06/19 07:08

Investors may wish to note that the Independent Lead Director of Oil-Dri Corporation of America, George Roeth, recently netted US$98k from selling stock, receiving an average price of US$65.00. It wasn't a huge sale, but it did reduce their holding by 23%. This does not instill confidence.

Oil-Dri Corporation of America Insider Transactions Over The Last Year

The Vice President of Operations, Aaron Christiansen, made the biggest insider sale in the last 12 months. That single transaction was for US$417k worth of shares at a price of US$70.48 each. So what is clear is that an insider saw fit to sell at around the current price of US$65.48. 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.

Insiders in Oil-Dri Corporation of America didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NYSE:ODC Insider Trading Volume June 19th 2024

I will like Oil-Dri Corporation of America better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Oil-Dri Corporation of America

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 12% of Oil-Dri Corporation of America shares, worth about US$58m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Oil-Dri Corporation of America Insiders?

Insiders sold Oil-Dri Corporation of America shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Oil-Dri Corporation of America makes money, and is growing profits. 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 Oil-Dri Corporation of America. At Simply Wall St, we found 1 warning sign for Oil-Dri Corporation of America that deserve your attention before buying any shares.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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.

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

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