Anyone interested in Mativ Holdings, Inc. (NYSE:MATV) should probably be aware that the President, Julie Schertell, recently divested US$214k worth of shares in the company, at an average price of US$17.81 each. On the bright side, that sale was only 4.1% of their holding, so we doubt it's very meaningful, on its own.
The Last 12 Months Of Insider Transactions At Mativ Holdings
Notably, that recent sale by Julie Schertell is the biggest insider sale of Mativ Holdings shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of US$18.16. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 4.1% of Julie Schertell's stake.
Over the last year, we can see that insiders have bought 38.00k shares worth US$628k. But insiders sold 12.00k shares worth US$214k. In the last twelve months there was more buying than selling by Mativ Holdings insiders. 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!
Mativ Holdings is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Does Mativ Holdings Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 2.1% of Mativ Holdings shares, worth about US$21m. 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 Mativ Holdings Insiders?
An insider sold stock recently, but they haven't been buying. On the other hand, the insider transactions over the last year are encouraging. We like that insiders own a fair amount of the company. So we're happy enough to look past some selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mativ Holdings. Our analysis shows 4 warning signs for Mativ Holdings (1 shouldn't be ignored!) and we strongly recommend you look at these before investing.
Of course Mativ Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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.