Investors may wish to note that the Executive VP of Richardson Electronics, Ltd., Robert Ben, recently netted US$60k from selling stock, receiving an average price of US$11.90. However we note that the sale only shrunk their holding by 8.1%.
In fact, the recent sale by Robert Ben was the biggest sale of Richardson Electronics shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$11.36. While insider selling is a negative, to us, it is more negative if the shares are sold 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.
Richardson Electronics insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for Richardson Electronics
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Richardson Electronics insiders own about US$27m worth of shares. That equates to 17% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
An insider hasn't bought Richardson Electronics stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. On the plus side, Richardson Electronics makes money, and is growing profits. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Richardson Electronics. Be aware that Richardson Electronics is showing 2 warning signs in our investment analysis, and 1 of those is a bit unpleasant...
Of course Richardson Electronics 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.