Peloton insiders bought almost $500 million in inventory earlier than its massive drop

peloton Executives and insiders sold nearly $500 million worth of their stock ahead of the big drop, according to filings with the Securities and Exchange Commission.

Peloton stock is down more than 80% from its highs over the last year, hitting a 52-week low of $29.11 on Tuesday. But the company’s CEO and other executives sold millions of shares at prices in excess of $100 a share in the months leading up to the big falls.

Company executives and insiders sold their stock valued at $496 million in 2021, according to SmartInsider, citing SEC filings. Virtually all sales were part of 10b5-1 plans or pre-planned sales programs. It’s unclear how many of the sales also involved option exercises or tax sales related to options.

The big sell-off started when the stock started to climb above $80 per share in the fall of 2020 and gained momentum in 2021 when the stock held above $100, filings show.

The company did not respond to requests for comment.

Peloton shares soared as sales and subscribers increased throughout the year first year of the corona pandemic. Consumers flocked to the product when they were looking for ways to work up a sweat without a gym membership. To meet the strong demand, Peloton invested in his business, to scurry ramp up productiong and Accelerate order fulfillment. But when the Covid vaccines rolled out, the company saw weaker demand and its shares started falling.

John Foley, the company’s CEO and co-founder, sold $119 million worth of shares as of November 2020, according to SmartInsider. Most of his sales were $110 a share or more. The sales were part of a pre-agreed 10b5-1 plan to “sell a limited number of the company’s stock for personal finance management purposes,” according to an SEC filing.

Although the plan called for the sale of up to 2.4 million shares by October 2022, Foley informed the board that he had ended the sale plan on August 30, 2021 after selling a total of 1 million shares. No reason was given for the termination, but on November 4, 2021, The company lowered its sales forecast and stocks plummeted.

The stock sales accounted for about 16% of Foley’s total stake in the company, excluding options. Including options, the sale represented about 5% of its holdings, according to SmartInsider.

Many top executives have also cashed out some of their holdings through timely sales. William Lynch, the company’s president, sold more than $105 million in stock last year, with $72 million sold in February at an average price of $144.95.

John Foley, co-founder and chief executive officer of Peloton Interactive Inc., center, speaks as Hisao Kushi, co-founder and chief legal officer of Peloton Interactive Inc., from left, Tom Cortese, co-founder and chief operating officer of Peloton Interactive Inc., Yony Feng, co-founder and chief technology officer of Peloton Interactive Inc., and Graham Stanton, co-founder of Peloton Interactive Inc., listen during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., Thursday, May 26. Sept 2019

Michael Nagel | Bloomberg | Getty Images

Hisao Kushi, co-founder and chief legal and culture officer, sold more than $90 million of its shares — most at prices in excess of $110 per share. Other top sellers included the company’s chief product officer, Tom Cortese, who sold more than $60 million of its stock, and chief operating officer Mariana Garavaglia, who posted more than $25 million in sales.

Members of the board of directors have also cashed out their holdings, including Karen Boone, who sold more than $20 million worth of shares at prices in excess of $140 per share last February, according to documents.

Of course, Peloton insiders weren’t the only ones selling the stock during last year’s runup. With large stock sales by prominent executives such as jeff bezos and Elon Musk, total insider sale achieved a record $170 billion last year, up from $94 billion in 2020, according to SmartInsider. Historically, executives and insiders sell during or near the highs of their stock prices.

“One of the best accepted facts from decades of insider trading research is that corporate insiders buy near bottoms and sell near tops,” said Daniel Taylor, associate professor at the Wharton School.

At the moment, Peloton is flirting with new lows. The stock came very close to falling below it $29 per share IPO price, after CNBC reported that the company had hired McKinsey to review its cost structure, an effort that could result in job cuts and store closures. Peloton is also effectively increasing product prices later this month when that happens begins charging for shipping and installation.

Christmas trip journeys from journey trade insiders

Even without a pandemic, vacation trips are not for the faint of heart.

Millions are expected to travel this month, with the threat of volatile weather and the omicron variant continuing to stress people eager to end the second year of the pandemic.

To help travelers prepare, CNBC Travel asked industry insiders this question: What’s your one solid tip for travelers in December?

Travel planning tips

“Plan the arc of the trip. Imagine a journey like a story with a beginning, middle and end. For example, plan to have the nicest hotels in the end and build on a great grade. Then for entry and exit, plan out ways that you can keep things running smoothly. Maybe it’s arranging private transportation after a long flight so you don’t have to navigate public transportation in the middle of jet lag. Whatever your solid arch, plan to prepay it. “
—Sarah Groen, founder of the luxury travel company
Bell & Bly travel design

“When planning Greek island hopping, keep in mind that the Greeks themselves tend to stay on one island rather than cram as many as possible into a single trip. Think thematically: Santorini has breathtaking scenery, but beaches are better in Mykonos … [but] Islands like Tinos and Syros offer great food and culture at significantly lower hotel prices than Mykonos. Crete has a lot of variety, but a car is essential. ”
—Anthony Grant, American writer based in Greece

Tips for flying on vacation

“Choose early morning flights that are usually less crowded. Avoid the last flight of the day if possible, especially in the winter months, to reduce the chance of missed connections or delays due to cancellations or weather. … Choose Hand baggage On your next trip, you’ll skip the lines when you arrive at the airport and don’t have to wait for your baggage to land when you land. “
—Anna Brown, PR manager at
Expedia US

“Put a change of clothes in your hand luggage. Be prepared for the worst. … In the event of bottlenecks at airlines and increased travel, there is an above-average probability that your luggage will be lost. Do not travel with your gifts. … Consider shipping gifts direct to the final address. “
—Mark Hoenig, co-founder of the digital travel company VIP traveler

VIP Traveler’s Mark Hoenig recommends avoiding connecting flights, even if that means driving and parking at a different airport. “Each additional airport increases the likelihood of baggage loss, delays and cancellations.”

d3sign | Moment | Getty Images

“Buy your tickets ASAP. As people postpone their international travel plans due to Covid concerns, domestic flights tend to get more crowded and expensive. To speed airport security, don’t wrap gifts in case they do.” need to be checked. “
—Rajeev Shrivastava, CEO of Travel Insurance Marketplace VisitorCoverage.com

Tips for renting holiday homes

“Look for vacation rentals with the most flexible cancellation policy so you can leave your stay at the last minute for any reason.

Guestys COO Vered Schwarz recommends that people who want to travel longer look for houses with large closets, washing machines and dryers, and workplaces with ergonomic chairs, good lighting and fast WiFi.

Stephen Simpson | Stone | Getty Images

“Short term hospitality brands are featured on major booking channels, but they also have their own direct booking websites. Bookings of stays directly with the brand are usually associated with a discounted rate. And many of them … offer co-working spaces and digital concierge services. … are examples of such brands Casita, D Alexander and Central. ”
—Vered Schwarz, COO of the vacation rental software company Guests

Tips for family celebrations

For travel in the run-up to Christmas: “I recommend traveling with family and friends, who are the people you will be spending the holidays with. If for some reason you need to be quarantined after you get home, you are already with the family or friends you want to vacation with. “
—Matt Berna, general manager North America for travel companies
Undaunted travel

Harvard research fellow Stephen Kissler recommends keeping vacation meetings small and performing a Covid rapid test immediately before the meeting.

Suzana Topita | Moment | Getty Images

“Ventilation remains really important. This is one thing that I think is overlooked and underestimated. When the holidays are approaching, I definitely plan, no matter how cold it is outside, my windows will crack 4 to 6 inches … [and] Tests should be done immediately before the meeting, ideally an hour or two in advance, maybe in the morning. ”
—Stephen Kissler, research fellow at Harvard TH Chan School of Public Health, in an online discussion on December 9th with Elana Gordon from the public radio show “The World”

Hotel booking tips

“Many of the best hotels block online reservations for the main ‘festival’ season … and manage them directly through their human team. It is worth asking your travel agent for help as they often have the relationships to do that Achieving the impossible when everything seems to be right. ” sold out.”
– Henley Vazquez, co-founder of the travel company
Outside

“Independent boutique hotels and locally owned businesses need love more than ever because they don’t have the privilege of large conglomerate financing to stay afloat. With that in mind and in the holiday spirit, give something back to the destination. “Revisit by focusing your vacation on staying in these locations and supporting local vendors.”
—Brandon Berkson, founder of the travel company Hotels above par

Tips for traveling with young children

“Plan some time off for your babies and toddlers on your vacation trips… Children don’t always feel good when they’re constantly on the move. Allow some time each day to just sit, relax, play with toys and be with your children.

Fran Maier, CEO of BabyQuip, recommends that babies and toddlers keep the same sleep routine when traveling. “If your child usually sleeps in a large crib, don’t try to push them into a pack and play and expect them to sleep well.”

Oleksandra Korobova | Moment | Getty Images

“Children need frequent human breaks and planned activities to let their thoughts run free while playing creatively. Pack enough toys to keep the kids busy when preparing meals, talking to adults, or just taking a break. ”
—Fran Maier, CEO of baby equipment rental
BabyQuip

Tips for renting a car

“Many car rental companies offer contactless pickup where you can simply walk into the parking lot and get in your car. Use the Skip Meter filter on Expedia to find these options and avoid waiting in line . “
—Anna Brown, PR manager at Expedia USA

“When you reserve a rental car, you are booking a ‘Pay Later’ plan … which gives you the flexibility to cancel and rebook when a better deal is available. Rental rates can change several times a day. AutoSlash plays the system by continuously checking the price of your rental and notifying you when they find a lower price. “
—Jonathan Weinberg, CEO of the rental car price tracking company
AutoSlash

Insiders Instructed Me 5 Road Model Traits That Will Pop Off at Vogue Month

Fashion Month is officially here and at the same time one of my favorite pieces: street style. When I see what editors, buyers and fashion insiders wear to the shows, I always find so much inspiration. The trends are on the Street style scene and I’ve missed his absence for the past year and a half. What street style trends can we expect in the S / S 22 season now that it is back in full swing?

Curious to see the perspective of the best experts, I asked them to interfere. Here they share their fashion predictions with the 5 street style trends they think will be big during the fashion month. The best part is that each of these trends are very wearable so you can add them to your wardrobe no matter what you are dressing for. Prepare for some great ones Shopping tips for the new season vouch for.

The trend: west

“We expect the vest to see a big return to street style this fashion month. Paired with casual white wide-leg pants for the warmer days and a shirt or turtleneck underneath for cooler temperatures, it is the ultimate street check out The Row, Giuliva Heritage and Racil, all of which have impeccable iterations. ” —Libby Jane Page, Senior Market Editor, Net-a-Porter

Shop the trend:

Who wears what collection Amaya vest ($ 125)

Zara Linen blend vest ($ 40)

Tove Norah tweed vest ($ 170)

Kos Short vest ($ 115)

mango Linen suit vest ($ 80)

The trend: the 90s

“The trends of the nineties and nineties have come back and got stuck. I’m sure many of us feel that the lockdown life has aged us a little and the youthful, experimental spirit of Y2K fashion is a welcome counterbalance . Balenciaga has an obvious nod to rave culture in the F / W 21 collection. Prada revived the ’90s Cleo bag that sent us millennials very sentimental. And Gwyneth Paltrow’s iconic green matching set look from Great Expectations has been updated and reinterpreted by brands like Jacquemus, Christopher Esber and Mach & Mach for the fall. It takes three to make a trend, but with the amount of enthusiasm behind it, it feels more like a street style phenomenon. ” —Jana Hofheimer, buyer, Moda Operandi

The story goes on

Shop the trend:

HM Cotton shirt ($ 25)

Christopher Esber Slanted silk shirt dress with buttons ($ 935)

Urban Outfitters Beth baguette bag ($ 39)

Good american Good 90’s jeans ($ 145)

The Agency Ceci sleeveless turtleneck ($ 105)

The trend: novelty

“A street style trend that I see (and feel!) On the catwalk this month of fashion and will convey this excitement through expressive styles and eye-catching fits.” —Caroline Maguire, Fashion Director, Shopbop

Shop the trend:

reformation Emilio Top ($ 78)

Peter Do Tuxedo mini skirt made of virgin wool blend ($ 1195)

Shop the trend:

Rui Medium cut-out tank top ($ 365)

The ragged priest The Ragged Priest pixel rock ($ 80)

In the season Space dye sweater with puff sleeves and a round neckline ($ 75)

The trend: bare abs

“Exposed, bare waists will be an important trend that we will see through the rest of the fashion month. From ultra-low pants to bra tops layered under blazers, bellies will make up the rest of the month so get ready. ”—Lauren Eggertsen, Editor-in-Chief, Who What Wear

Shop the trend:

Khaite Indira silk georgette bra ($ 348)

Dickies Dickies Cord Pants Carpenter ($ 69)

Jacquemus Satin shirt jacket with chain detail ($ 570)

4. & reckless Arella ribbed jersey bralette ($ 22)

lioness Hidden short shirt ($ 79)

The trend: brown

“Ordinarily I would choose a black color option for everything I buy, but for the last year I have gravitated towards a dark brown. —Jessie Andrews, entrepreneur

Shop the trend:

Nanuschka Faroe Islands top ($ 495)

Gia Borghini X Pernille Teisbaek sandals with two straps ($ 365)

Who wears what collection Lou shirt with buttons ($ 115)

Skims Rib bra with stand-up collar ($ 42)

Edas Yshaia bag ($ 435)

Next, The new fashion finds I’m obsessed with right now.

This article originally appeared on Who wears what

Read more from Who What Wear

Did Madison Sq. Backyard Leisure Corp. (NYSE:MSGE) Insiders Promote Shares?

It’s not uncommon for companies to do well in the years after insiders have bought stocks. The downside of this is that there aren’t just a few examples of insiders dumping stocks before a period of poor performance. So before you buy or sell Madison Square Garden Entertainment Corp. ((NYSE: MSGE) You may want to know if any insiders bought or sold.

What is Insider buying?

Most investors know that it is perfectly permissible for company directors, such as directors, to buy and sell shares in the company. However, most countries require the company to disclose such transactions to the market.

We do not believe that shareholders should simply pursue insider trades. However, logic dictates that you should be careful about whether insiders are buying or selling stocks. For example a Harvard University study found that “insider buying generates unusual returns in excess of 6% per year”.

Check out our latest analysis for Madison Square Garden Entertainment

The past 12 months of insider trading at Madison Square Garden Entertainment

The insider’s biggest single sale in the past twelve months was when Senior VP Joseph Yospe sold $ 493,000 of shares at $ 77.47 per share. So it’s clear that an insider wanted to take some cash off the table, even below the current price of $ 87.32. We generally consider it negative for insiders to sell, especially if they did so below the current price, as it implies that they considered a lower price to be reasonable. Please note, however, that sellers can sell for a variety of reasons, so we do not know exactly what they think of the stock price. We find that the largest single sale was 61% of Joseph Yospe’s stake.

Madison Square Garden Entertainment insiders didn’t buy any shares in the past year. The following graph shows insider transactions (by companies and individuals) over the past year. If you want to know exactly who sold how much and when, just click on the graphic below!

NYSE: MSGE Insider Trading Volume April 19, 2021

If you’re looking to buy stocks that insiders are buying instead of selling, then you might love this free List of companies. (Note: Insiders bought them).

Does Madison Square Garden Entertainment have a high level of inside ownership?

For an ordinary shareholder, it is worth checking how many shares are held by insiders. The higher the proportion of insiders, the more likely it is that insiders will receive incentives to build the company over the long term. Madison Square Garden Entertainment insiders own approximately $ 28 million in shares. That corresponds to 1.3% of the company. While this is a strong but not outstanding level of inside stewardship, it is enough to indicate some consistency between management and smaller shareholders.

What could the insider deals at Madison Square Garden Entertainment tell us?

There has been no insider trading in the past three months – that doesn’t mean much. Still, Madison Square Garden Entertainment’s insider deals over the past 12 months are not very encouraging. The modest level of inside ownership is at least some consolation. While it is helpful to know what insiders are doing to buy or sell, it is also helpful to know the risks a particular company is facing. Every business has risks and we have discovered 1 warning sign for Madison Square Garden Entertainment You should know it.

Naturally, You could find a fantastic investment by looking elsewhere. So take a look at it free List of interesting companies.

For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.

Funded
When you choose to trade with Madison Square Garden Entertainment, you are using the lowest cost * platform ranked # 1 overall by Barron’s. Interactive broker. Trade stocks, options, futures, forex, bonds and funds in 135 markets from a single integrated account.

This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.
* Interactive brokers have been rated as Lowest Cost Brokers by StockBrokers.com. Annual online review 2020

Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, you can also send an email to the editorial team (at) simplywallst.com.

Have Insiders Bought Golden Leisure, Inc. (NASDAQ:GDEN) Shares Lately?

Something Golden Entertainment, Inc. ((NASDAQ: GDENShareholders may be a little concerned that director, Lyle Berman, recently sold $ 5.0 million of shares at $ 24.96 per share. That sale reduced their overall stake by 17%, which is hardly insignificant, but far from the worst we’ve ever seen.

Check out our latest analysis for Golden Entertainment

The last 12 months of insider trading at Golden Entertainment

In particular, the recent Lyle Berman sale is the largest insider sale of Golden Entertainment stock we’ve seen in the past year. That said, even if the stock price was below its current price of $ 27.61, an insider wanted to redeem some stocks. We usually find it daunting when insiders sell below current price as it suggests they were happy with a lower valuation. Please note, however, that sellers can sell for a variety of reasons, so we do not know exactly what they think of the stock price. We find that the largest single sale was only 17% of Lyle Berman’s stake.

Golden Entertainment insiders have not bought any company shares in the past year. The following table shows the insider transactions (by companies and individuals) over the past year. If you want to know exactly who sold how much and when, just click on the graphic below!

NasdaqGM: GDEN Insider Trading Volume March 28, 2021

If you’re looking to buy stocks that insiders are buying instead of selling, then you might love this free List of companies. (Note: Insiders bought them).

Inside ownership

Many investors enjoy checking out how much of a company is owned by insiders. I think it’s a good sign when insiders own a significant number of shares in the company. Golden Entertainment insiders own approximately $ 97 million worth of shares. That corresponds to 13% of the company. We have certainly seen higher levels of insider ownership elsewhere, but these levels are sufficient to suggest an alignment between insiders and the other shareholders.

What does this data suggest to Golden Entertainment insiders?

An insider hasn’t bought any Golden Entertainment stock in the past three months, but there have been some sales. And even if we look at the past year, we haven’t seen any purchases. While insiders own stocks, they don’t own a bunch and have sold. So we would only buy after careful consideration. While we like to know what’s going on with the insider’s property and transactions, we should also consider the risks a stock is exposed to before making any investment decision. In conducting our analysis, we found that Golden Entertainment did this 1 warning sign and it would be unwise to ignore it.

If you’d rather try another company – one with potentially superior financials – this is not to be missed free List of interesting companies with high return on equity and low debt.

For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.

Funded
When you choose to trade with Golden Entertainment, you are using the lowest cost * platform ranked # 1 overall by Barron’s. Interactive broker. Trade stocks, options, futures, forex, bonds and funds in 135 markets from a single integrated account.

This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.
* Interactive brokers have been rated as Lowest Cost Brokers by StockBrokers.com. Annual online review 2020

Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, you can also send an email to the editorial team (at) simplywallst.com.

Have Insiders Been Shopping for Ten Leisure Group plc (LON:TEG) Shares?

We haven’t counted the number of times insiders have accumulated stakes in a company that is doing significantly better. The downside of this is that there aren’t just a few examples of insiders dumping stocks before a period of poor performance. So before you buy or sell Ten Entertainment Group plc ((LON: TEG) You may want to know if any insiders bought or sold.

What is insider selling?

It is quite normal for company insiders, such as board members, to trade in company stocks from time to time. However, such insiders are required to disclose their trading activities and are not allowed to trade inside information.

Insider trading isn’t the most important thing when it comes to long-term investments. But we would also consider it foolish to ignore insider trading altogether. For example, Columbia University study found that “insiders are more likely to buy their own company’s shares in the open market when the company announces new agreements with customers and suppliers”.

Check out our latest analysis for Ten Entertainment Group

Ten insider deals by the Entertainment Group last year

Interim Executive Chairman Nicholas Basing made the largest insider buy in the past 12 months. This single transaction involved shares valued at £ 81,000 in the UK at a price of £ 1.55 each in the UK. We’d love to see a purchase but that purchase was made well below the current UK price of £ 2.35. Since the shares were bought at a lower price, that purchase doesn’t tell us much about how insiders view the current share price.

Last year we saw insiders buy 149.90,000 shares worth £ 232,000. But they sold 42.21,000 shares for £ 69,000 in the UK. A total of ten Insiders from the Entertainment Group were net buyers last year. Below is a visual representation of insider trades (by companies and individuals) over the past 12 months. If you want to know exactly who sold how much and when, just click on the graphic below!

The story goes on

Insider trading volume

There are always plenty of stocks that insiders buy. If that suits your style, you can check or take a look at each inventory individually free List of companies. (Note: Insiders bought them).

Does Ten Entertainment Group have a high level of inside ownership?

Another way to test alignment between a company’s executives and other shareholders is to see how many stocks they own. The higher the proportion of insiders, the more likely it is that insiders will receive incentives to build the company over the long term. Our data suggests that Ten Entertainment Group insiders own 2.0% of the company, valued at approximately £ 3.2 million. We consider this to be relatively low inside ownership.

What could the insider deals at Ten Entertainment Group tell us?

It doesn’t really mean much that no insider traded Ten Entertainment Group shares in the last quarter. But insiders have shown more appetite for the stock over the past year. The deals are okay, but it would be more encouraging if Ten Entertainment Group insiders bought more shares in the company. In addition to knowing about ongoing insider transactions, it is beneficial to identify the risks that Ten Entertainment Group is exposed to. When we did our research, we found out 2 warning signs for Ten Entertainment Group (1 concerns!) That we believe we deserve your full attention.

If you’d rather try another company – one with potentially superior financials – this is not to be missed free List of interesting companies with high return on equity and low debt.

For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.

This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.

Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, you can also send an email to the editorial team (at) simplywallst.com.

Accel Leisure, Inc. (NYSE:ACEL) Insiders Have Been Promoting

We often see insiders buying stocks in companies that are doing well over the long term. On the flip side, it wouldn’t be worth mentioning that insider selling is known to precede tough times for a company. So we’re going to look to see if insiders bought or sold stocks of Accel Entertainment, Inc. ((NYSE: THAT).

What is insider selling?

It is perfectly legal for company insiders, including board members, to buy and sell shares in a company. However, most countries require the company to disclose such transactions to the market.

We would never suggest that investors base their decisions solely on what a company’s directors have done. But we would also consider it foolish to ignore insider trading altogether. For example a Harvard University study found that “insider buying generates unusual returns in excess of 6% per year”.

Check out our latest analysis for Accel Entertainment

The last 12 months of insider trading at Accel Entertainment

Co-founder Andrew Rubenstein made the biggest insider sale in the past 12 months. That single transaction involved shares valued at $ 867,000 priced at $ 9.63 each. This means that an insider was selling shares at a price slightly below the current price ($ 10.96). If an insider sells below the current price, it indicates that they consider that lower price to be fair. That makes us wonder what you think of the (higher) recent rating. Please note, however, that sellers can sell for a variety of reasons, so we do not know exactly what they think of the stock price. It’s worth noting that this sale was only 1.0% of Andrew Rubenstein’s stake.

Accel Entertainment insiders haven’t bought any shares in the past year. The following graph shows insider transactions (by companies and individuals) over the past year. If you want to know exactly who sold how much and when, just click on the graphic below!

NYSE: ACEL Insider Trading Volume March 21, 2021

If you are like me you will Not want to miss that free List of growing companies that insider buy.

Inside ownership of Accel Entertainment

Many investors enjoy checking out how much of a company is owned by insiders. A high level of insider responsibility often leads to corporate management taking greater account of the interests of shareholders. Accel Entertainment insiders own 23% of the company, currently valued at approximately $ 248 million based on the current share price. I like this level of insider ownership because it increases the chances that management will ponder the best interests of shareholders.

What does this data suggest about Accel Entertainment Insider?

The fact that there hasn’t been any insider trading by Accel Entertainment recently certainly doesn’t bother us. It is encouraging that insiders are abundant in stocks, but we would like more insider buying since Accel Entertainment’s final year of insider trading has not left us with confidence. While it is helpful to know what insiders are doing to buy or sell, it is also helpful to know the risks a particular company is facing. In performing our analysis, we found that Accel Entertainment did this 1 warning sign and it would be unwise to ignore it.

But note: Accel Entertainment may not be the best stock to buy. So take a look at it free List of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.

Funded
To trade with Accel Entertainment, open an account with the lowest cost * platform trusted by professionals. Interactive broker. Your clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account.

This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.
* Interactive brokers have been rated as Lowest Cost Brokers by StockBrokers.com. Annual online review 2020

Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, you can also send an email to the editorial team (at) simplywallst.com.