Oil States International Independent Director Darrell Hollek Sells 29% Of Holding

We'd be surprised if Oil States International, Inc. (NYSE:OIS) shareholders haven't noticed that the Independent Director, Darrell Hollek, recently sold US$494k worth of stock at US$11.61 per share. That sale was 29% of their holding, so it does make us raise an eyebrow.

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Oil States International Insider Transactions Over The Last Year

Notably, that recent sale by Darrell Hollek is the biggest insider sale of Oil States International shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$11.20. 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.

Insiders in Oil States International didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Oil States International

I will like Oil States International better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Oil States International insiders own 7.5% of the company, worth about US$51m. 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 Oil States International Insiders?

An insider hasn't bought Oil States International 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. 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 Oil States International. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Oil States International.

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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.