Yahoo Finance Executive VP and President of Levi Strauss Asia Is The Executive VP and President of Levi Strauss Asia of Levi Strauss & Co. (NYSE:LEVI) And They Just Sold 42% Of Their Shares
Some Levi Strauss & Co. (NYSE:LEVI) shareholders may be a little concerned to see that the Executive VP and President of Levi Strauss Asia, David Love, recently sold a whopping US$3.5m worth of stock at a price of US$17.18 per share. That's a big dump, and it decreased their holding size by 42%, which is notable but not too bad.
See our latest analysis for Levi Strauss
The Last 12 Months Of Insider Transactions At Levi Strauss
In fact, the recent sale by David Love was the biggest sale of Levi Strauss shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of US$17.46. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was only 42%of David Love's holding.
You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
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. Levi Strauss insiders own about US$4.5b worth of shares (which is 65% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Levi Strauss Tell Us?
An insider sold Levi Strauss shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But it is good to see that Levi Strauss is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Levi Strauss.
Of course Levi Strauss may not be the best stock to buy. So you may wish to see this free collection of high quality 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, but not derivative transactions.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
