We wouldn't blame Expand Energy Corporation (NASDAQ:EXE) shareholders if they were a little worried about the fact that Catherine Kehr, the Independent Director recently netted about US$4.3m selling shares at an average price of US$99.58. That diminished their holding by a very significant 89%, which arguably implies a strong desire to reallocate capital.

The Last 12 Months Of Insider Transactions At Expand Energy

In fact, the recent sale by Catherine Kehr was the biggest sale of Expand Energy shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$98.89. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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.

Does Expand Energy Boast High Insider Ownership?

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. Insiders own 0.2% of Expand Energy shares, worth about US$49m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Expand Energy Insiders?

An insider hasn't bought Expand Energy stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Expand Energy. When we did our research, we found 5 warning signs for Expand Energy (2 make us uncomfortable!) that we believe deserve your full attention.

Of course Expand Energy 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.