This Insider Has Just Sold Shares In Grid Dynamics Holdings

Anyone interested in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) should probably be aware that the CEO & Director, Leonard Livschitz, recently divested US$210k worth of shares in the company, at an average price of US$10.51 each. However, the silver lining is that the sale only reduced their total holding by 0.7%, so we're hesitant to read anything much into it, on its own.

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Grid Dynamics Holdings Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the COO & Head of Europe, Yury Gryzlov, sold US$242k worth of shares at a price of US$9.66 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$13.37. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 6.2% of Yury Gryzlov's stake.

In the last year Grid Dynamics Holdings insiders didn't buy any company stock. 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!

Check out our latest analysis for Grid Dynamics Holdings

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

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. Insiders own 6.5% of Grid Dynamics Holdings shares, worth about US$72m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Grid Dynamics Holdings Tell Us?

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Grid Dynamics Holdings has 3 warning signs and it would be unwise to ignore them.

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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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