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Trade Alert: Executive VP Of Korn Ferry Robert Rozek Has Sold Stock

Simply Wall St ·  Sep 23 18:48

Some Korn Ferry (NYSE:KFY) shareholders may be a little concerned to see that the Executive VP, Robert Rozek, recently sold a substantial US$3.8m worth of stock at a price of US$75.36 per share. That's a big disposal, and it decreased their holding size by 35%, which is notable but not too bad.

Korn Ferry Insider Transactions Over The Last Year

In fact, the recent sale by Robert Rozek was the biggest sale of Korn Ferry shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$74.81. 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).

In the last year Korn Ferry insiders didn't buy any company stock. 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!

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NYSE:KFY Insider Trading Volume September 23rd 2024

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership Of Korn Ferry

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Korn Ferry insiders own about US$45m worth of shares. That equates to 1.1% of the company. 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 Korn Ferry Insiders?

An insider sold Korn Ferry shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But since Korn Ferry is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. 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. Case in point: We've spotted 1 warning sign for Korn Ferry you should be aware of.

Of course Korn Ferry 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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