Have Franklin Financial Services Insiders Been Selling Stock?

We note that the Franklin Financial Services Corporation (NASDAQ:FRAF) Independent Director, Kimberly Rzomp, recently sold US$81k worth of stock for US$54.07 per share. It wasn't a huge sale, but it did reduce their holding by 21%. This does not instill confidence.

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Franklin Financial Services Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when President Craig Best bought US$250k worth of shares at a price of US$37.00 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$51.64. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months insiders purchased 17.23k shares for US$606k. On the other hand they divested 4.52k shares, for US$214k. In the last twelve months there was more buying than selling by Franklin Financial Services insiders. The chart below shows insider transactions (by companies and individuals) over the last year. 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 Franklin Financial Services

Franklin Financial Services is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does Franklin Financial Services 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. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Franklin Financial Services insiders own 6.7% of the company, worth about US$16m. 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 Franklin Financial Services Insiders?

The insider sales have outweighed the insider buying, at Franklin Financial Services, in the last three months. In contrast, they appear keener if you look at the last twelve months. We like that insiders own a fair amount of the company. So we're happy enough to look past some selling. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 2 warning signs for Franklin Financial Services (1 is a bit concerning) you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.