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This Insider Has Just Sold Shares In Bank7

この内部者はBank7の株式を売却したばかりです。

Simply Wall St ·  2023/11/30 14:01

Anyone interested in Bank7 Corp. (NASDAQ:BSVN) should probably be aware that the President, Thomas Travis, recently divested US$178k worth of shares in the company, at an average price of US$23.67 each. However, the silver lining is that the sale only reduced their total holding by 2.7%, so we're hesitant to read anything much into it, on its own.

See our latest analysis for Bank7

Bank7 Insider Transactions Over The Last Year

In fact, the recent sale by President Thomas Travis was not their only sale of Bank7 shares this year. They previously made an even bigger sale of -US$352k worth of shares at a price of US$27.07 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$24.18. So it may not shed much light on insider confidence at current levels.

Thomas Travis sold a total of 35.00k shares over the year at an average price of US$25.42. 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
NasdaqGS:BSVN Insider Trading Volume November 30th 2023

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Bank7 Boast High Insider Ownership?

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. Bank7 insiders own 57% of the company, currently worth about US$126m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Bank7 Insider Transactions Indicate?

An insider sold Bank7 shares recently, but they didn't buy any. Zooming out, the longer term picture doesn't give us much comfort. But it is good to see that Bank7 is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bank7. While conducting our analysis, we found that Bank7 has 1 warning sign and it would be unwise to ignore it.

But note: Bank7 may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.

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