Don't Ignore The Insider Selling In Civeo

Some Civeo Corporation (NYSE:CVEO) shareholders may be a little concerned to see that the CEO, President & Director, Bradley Dodson, recently sold a substantial US$866k worth of stock at a price of US$37.17 per share. However, that sale only accounted for 8.9% of their holding, so arguably it doesn't say much about their conviction.

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Civeo Insider Transactions Over The Last Year

Notably, that recent sale by Bradley Dodson is the biggest insider sale of Civeo 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$34.25. While insider selling is a negative, to us, it is more negative if the shares are sold 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.

In the last year Civeo insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Check out our latest analysis for Civeo

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Does Civeo Boast High 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. We usually like to see fairly high levels of insider ownership. It appears that Civeo insiders own 6.5% of the company, worth about US$22m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Civeo Tell Us?

An insider hasn't bought Civeo stock in the last three months, but there was some selling. 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. 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 Civeo. At Simply Wall St, we found 1 warning sign for Civeo that deserve your attention before buying any shares.

But note: Civeo may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 of direct interests only, but not derivative transactions or indirect interests.

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