Some Associated Banc-Corp (NYSE:ASB) shareholders may be a little concerned to see that insider Paul Schmidt recently sold a substantial US$6.2m worth of stock at a price of US$227 per share. That sale reduced their total holding by 38% which is hardly insignificant, but far from the worst we've seen.

Associated Banc-Corp Insider Transactions Over The Last Year

In fact, the recent sale by Paul Schmidt was the biggest sale of Associated Banc-Corp shares made by an insider individual in the last twelve months, according to our records. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$27.64. So it is hard to draw any strong conclusion from it.

Associated Banc-Corp insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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Does Associated Banc-Corp 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. It appears that Associated Banc-Corp insiders own 0.9% of the company, worth about US$35m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Associated Banc-Corp Insiders?

Insiders haven't bought Associated Banc-Corp stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Associated Banc-Corp. While conducting our analysis, we found that Associated Banc-Corp has 2 warning signs and it would be unwise to ignore them.

But note: Associated Banc-Corp 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.

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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.