A Blue Apron Holdings, Inc. (NYSE:APRN) insider increased their holdings by 778% last year
Looking at Blue Apron Holdings, Inc.'s (NYSE:APRN ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Blue Apron Holdings
The Last 12 Months Of Insider Transactions At Blue Apron Holdings
Over the last year, we can see that the biggest insider purchase was by insider Joseph Sanberg for US$20m worth of shares, at about US$12.00 per share. That means that even when the share price was higher than US$1.01 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Joseph Sanberg was the only individual insider to buy shares in the last twelve months. Notably Joseph Sanberg was also the biggest seller.
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!
Blue Apron Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insiders At Blue Apron Holdings Have Sold Stock Recently
The last three months saw significant insider selling at Blue Apron Holdings. In total, insider Joseph Sanberg sold US$219k worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
Insider Ownership Of Blue Apron Holdings
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that Blue Apron Holdings insiders own about US$5.6m worth of shares (which is 14% of the company). We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We do generally prefer see higher levels of insider ownership.
So What Do The Blue Apron Holdings Insider Transactions Indicate?
An insider sold stock recently, but they haven't been buying. On the other hand, the insider transactions over the last year are encouraging. But we'd like it if insiders owned more stock, overall. So we can't be sure that insiders are optimistic. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Blue Apron Holdings. For example, Blue Apron Holdings has 6 warning signs (and 2 which are a bit unpleasant) we think you should know about.
But note: Blue Apron Holdings 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, but not derivative transactions.
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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.
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