Investment group

For insiders at BrightSphere Investment Group Inc. (NYSE: BSIG), selling $3.8 million worth of stock earlier this year was a smart move.

Even though BrightSphere Investment Group Inc. (NYSE:BSIG) The stock gained 9.2% last week, as insiders who sold $3.8 million worth of stock in the past year are likely better off. Holding shares would have meant that their investment would be worth less today than it was when sold. So, selling at an average price of US$26.89, which is higher than the current price, might have been the best decision.

While insider trading isn’t the most important thing when it comes to long-term investing, logic dictates that you should pay attention to whether insiders are buying or selling stocks.

Check out our latest analysis for BrightSphere Investment Group

BrightSphere Investment Group insider trades over the past year

Over the past year, we can see that the biggest insider sale was by CEO, Chairman and Director, Suren Rana, for $3.8 million in shares, at around $26.95 per stock. We usually don’t like insider selling, but the lower the selling price, the more we’re concerned about it. It is reassuring that this sale was made at a price well above the current share price of US$20.16. It is therefore difficult to draw a firm conclusion.

BrightSphere Investment Group insiders did not buy any shares last year. The chart below shows insider trading (by companies and individuals) over the past year. If you want to know exactly who sold, how much and when, just click on the chart below!

NYSE: BSIG Insider Trading Volume August 17, 2022

If you’re like me, then you not want to miss this free list of growing companies insiders are buying.

Does BrightSphere Investment Group boast of high insider ownership?

Examining the total insider holdings in a company can help you know if they are well aligned with common shareholders. We generally like to see fairly high levels of insider ownership. Our data indicates that BrightSphere Investment Group insiders own approximately $5.4 million in stock (or 0.7% of the company). Overall, this level of property isn’t that impressive, but it’s definitely better than nothing!

What could BrightSphere Investment Group’s insider trading tell us?

There have been no insider trades in the last three months – that’s not saying much. Our analysis of BrightSphere Investment Group’s insider trading leaves us unenthusiastic. And we don’t report enough insider ownership to reassure us. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. During our analysis, we found that BrightSphere Investment Group had 3 warning signs and it would be unwise to ignore them.

If you’d rather check out another company – one with potentially superior finances – then don’t miss this free list of attractive companies, which have a high return on equity and low debt.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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