From what we can see, insiders were net sellers in Hamilton Insurance Group, Ltd.'s (NYSE:HG ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

Hamilton Insurance Group Insider Transactions Over The Last Year

The Group Chief Accounting Officer, Brian Deegan, made the biggest insider sale in the last 12 months. That single transaction was for US$367k worth of shares at a price of US$16.70 each. That means that an insider was selling shares at slightly below the current price (US$18.51). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. 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 93% of Brian Deegan's holding. The only individual insider seller over the last year was Brian Deegan.

Brian Deegan sold a total of 39.50k shares over the year at an average price of US$17.80. 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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Hamilton Insurance Group Insiders Are Selling The Stock

The last quarter saw substantial insider selling of Hamilton Insurance Group shares. In total, Group Chief Accounting Officer Brian Deegan dumped US$336k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.

Insider Ownership

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. Insiders own 2.6% of Hamilton Insurance Group shares, worth about US$50m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Hamilton Insurance Group Insider Transactions Indicate?

An insider sold Hamilton Insurance Group shares recently, but they didn't buy any. Zooming out, the longer term picture doesn't give us much comfort. On the plus side, Hamilton Insurance Group makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! 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. To that end, you should learn about the 2 warning signs we've spotted with Hamilton Insurance Group (including 1 which is concerning).

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.