Some PS Business Parks, Inc. (NYSE:PSB) shareholders may be a little concerned to see that the Director, Joseph Russell, recently sold a substantial US$935k worth of stock at a price of US$156 per share. That’s a big disposal, and it decreased their holding size by 20%, which is notable but not too bad. View our latest analysis for PS Business Parks Notably, that recent sale by Joseph Russell is the biggest insider sale of PS Business Parks shares that we’ve seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$155. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Joseph Russell sold a total of 18.50k shares over the year at an average price of US$146. 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! NYSE:PSB Insider Trading Volume May 29th 2021 If you are like me, then you will not want to miss this free list of growing companies that insiders are buying. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. PS Business Parks insiders own about US$45m worth of shares. That equates to 0.8% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. An insider sold stock recently, but they haven’t been buying. Zooming out, the longer term picture doesn’t give us much comfort. 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 PS Business Parks. Case in point: We’ve spotted 1 warning sign for PS Business Parks you should be aware of. If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions. Promoted This article by Simply Wall St is general in nature. 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. The Last 12 Months Of Insider Transactions At PS Business Parks
Insider Ownership of PS Business Parks
So What Do The PS Business Parks Insider Transactions Indicate?
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