Potential GXO Logistics, Inc. (NYSE:GXO) shareholders may wish to note that the CEO & Director, Malcolm Wilson, recently bought US$500k worth of stock, paying US$49.95 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 11%.
The Last 12 Months Of Insider Transactions At GXO Logistics
Over the last year, we can see that the biggest insider sale was by the Independent Director, Gena Ashe, for US$905k worth of shares, at about US$50.00 per share. So what is clear is that an insider saw fit to sell at around the current price of US$47.16. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. The only individual insider seller over the last year was Gena Ashe.
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!
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Insider Ownership Of GXO Logistics
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.8% of GXO Logistics shares, worth about US$44m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About GXO Logistics Insiders?
It is good to see the recent insider purchase. However, the longer term transactions are not so encouraging. The more recent transactions are a positive, but GXO Logistics insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. Overall they seem reasonably aligned. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing GXO Logistics. Case in point: We've spotted 1 warning sign for GXO Logistics you should be aware of.
Of course GXO Logistics 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 of direct interests only, but not derivative transactions or indirect interests.
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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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