We wouldn't blame Broadridge Financial Solutions, Inc. (NYSE:BR) shareholders if they were a little worried about the fact that Christopher Perry, the President recently netted about US$3.7m selling shares at an average price of US$213. That sale reduced their total holding by 29% which is hardly insignificant, but far from the worst we've seen.

The Last 12 Months Of Insider Transactions At Broadridge Financial Solutions

Notably, that recent sale by Christopher Perry is the biggest insider sale of Broadridge Financial Solutions shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$212. 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.

In the last year Broadridge Financial Solutions 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!

I will like Broadridge Financial Solutions better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Broadridge Financial Solutions Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Broadridge Financial Solutions insiders own 0.5% of the company, worth about US$120m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Broadridge Financial Solutions Insiders?

Insiders sold Broadridge Financial Solutions 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 Broadridge Financial Solutions is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Broadridge Financial Solutions.

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.