Carlisle Companies VP & CFO Kevin Zdimal Sells 35% Of Holding

We wouldn't blame Carlisle Companies Incorporated (NYSE:CSL) shareholders if they were a little worried about the fact that Kevin Zdimal, the VP & CFO recently netted about US$6.7m selling shares at an average price of US$409. That's a big disposal, and it decreased their holding size by 35%, which is notable but not too bad.

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The Last 12 Months Of Insider Transactions At Carlisle Companies

Notably, that recent sale by Kevin Zdimal is the biggest insider sale of Carlisle Companies shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$417. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

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!

View our latest analysis for Carlisle Companies

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).

Insider Ownership Of Carlisle Companies

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Carlisle Companies insiders own about US$225m worth of shares (which is 1.3% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Carlisle Companies Insiders?

An insider sold Carlisle Companies shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - Carlisle Companies has 2 warning signs we think you should be aware of.

Of course Carlisle Companies 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.