Patrick Dussinger Is The President of ASG of Select Interior Concepts, Inc. (NASDAQ:SIC) And Just Spent US$56k On Shares

Even if it's not a huge purchase, we think it was good to see that Patrick Dussinger, the President of ASG of Select Interior Concepts, Inc. (NASDAQ:SIC) recently shelled out US$56k to buy stock, at US$5.59 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for Select Interior Concepts

The Last 12 Months Of Insider Transactions At Select Interior Concepts

Over the last year, we can see that the biggest insider purchase was by CEO & Director Leo Varner for US$107k worth of shares, at about US$4.26 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$5.66. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Select Interior Concepts insiders may have bought shares in the last year, but they didn't sell any. 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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Based on our data, Select Interior Concepts insiders have about 2.8% of the stock, worth approximately US$4.0m. I generally like to see higher levels of ownership.

So What Do The Select Interior Concepts Insider Transactions Indicate?

The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Select Interior Concepts insiders are reasonably well aligned, and optimistic for the future. 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 assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Select Interior Concepts.

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, but not derivative transactions.

This article by Simply Wall St is general in nature. 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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