MSA Safety Incorporated (NYSE: MSA)) market cap declines to $ 5.6 billion, but insiders who sold $ 13 million shares were able to cover their losses
Initiated to Embedded MSA Security (NYSE: MSA) has sold $ 13 million of shares at an average price of $ 157 per share over the past year, getting the most out of their investment. After the stock price fell 5.3% last week, the company’s market value fell by $ 313 million, but insiders were able to mitigate their losses.
While insider trading isn’t the most important thing when it comes to investing for the long term, we think it makes perfect sense to keep tabs on what insiders are doing.
Check out our latest review for MSA Safety
MSA Safety Insider Transactions in the Past Year
Director William Lambert made the biggest insider sale in the past 12 months. This one-time transaction involved shares valued at US $ 4.7 million priced at US $ 153 each. This means that an insider was selling shares around the current price of US $ 143. We usually don’t like to see insider sales, but the lower the selling price, the more it concerns us. In this case, the big sale took place around the current price, so it’s not too bad (but it’s still not positive).
MSA Safety insiders haven’t bought any shares in the past year. You can see insider trading (by companies and individuals) over the past year represented in the graph below. By clicking on the graph below, you can see the exact detail of each insider trade!
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MSA security insiders sell the stock
The last quarter saw significant insider selling of MSA Safety shares. Specifically, insiders gave up $ 1.9 million worth of shares during this period and we did not record any purchases. This may suggest that some insiders think stocks aren’t cheap.
Insider Property of MSA Safety
Looking at the total insider stakes in a company can help you determine if they are aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will have an incentive to build the business for the long term. MSA Safety insiders own 6.5% of the company, currently worth around $ 365 million based on the recent share price. This type of large insider ownership generally increases the chances that the business will be run in the best interests of all shareholders.
So what do MSA Safety’s insider trading indicate?
Insiders recently sold stocks, but they haven’t bought. Looking at the past twelve months, our data shows no insider buying. It’s good to see a high number of Insider Owners, but insider selling leaves us cautious. In addition to knowing the current insider transactions, it is useful to identify the risks MSA Safety faces. Every business has risks, and we have spotted 4 warning signs for MSA Safety you should know.
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For the purposes of this article, insiders are those persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only 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 into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.