Trade Alert: The Senior VP & Chief Accounting Officer Of Albertsons Companies, Inc. (NYSE:ACI), Robert Larson, Has Sold Some Shares Recently

We wouldn’t blame Albertsons Companies, Inc. (NYSE:ACI) shareholders if they were a little worried about the fact that Robert Larson, the Senior VP & Chief Accounting Officer recently netted about US$938k selling shares at an average price of US$26.79. That sale reduced their total holding by 30% which is hardly insignificant, but far from the worst we’ve seen.

See our latest analysis for Albertsons Companies

Albertsons Companies Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Executive VP & Chief Customer and Digital Officer, Christine Rupp, for US$1.9m worth of shares, at about US$27.20 per share. So we know that an insider sold shares at around the present share price of US$26.79. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it’s not too bad (but it’s still not a positive).

Insiders in Albertsons Companies didn’t buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

NYSE:ACI Insider Trading Volume August 3rd 2022

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Albertsons Companies

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. Albertsons Companies insiders own 1.3% of the company, currently worth about US$207m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Albertsons Companies Insider Transactions Indicate?

Insiders sold Albertsons Companies shares recently, but they didn’t buy any. And even if we look at the last year, we didn’t see any purchases. But it is good to see that Albertsons Companies is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks that a particular company is facing. Every company has risks, and we’ve spotted 4 warning signs for Albertsons Companies you should know about.

Of course Albertsons Companies 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.

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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