We wouldn't blame The PNC Financial Services Group, Inc. (NYSE:PNC) shareholders if they were a little worried about the fact that Michael Lyons, the President and Head of Corporate & Institutional Banking recently netted about US$2.0m selling shares at an average price of US$182. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 5.2%.

PNC Financial Services Group Insider Transactions Over The Last Year

In fact, the recent sale by Michael Lyons was the biggest sale of PNC Financial Services 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$170. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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.

In the last year PNC Financial Services Group insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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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. We usually like to see fairly high levels of insider ownership. It's great to see that PNC Financial Services Group insiders own 0.4% of the company, worth about US$277m. 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 PNC Financial Services Group Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. 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. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that PNC Financial Services Group has 1 warning sign and it would be unwise to ignore this.

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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.

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