We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly.
The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance.
So before you buy or sell Halliburton Company), you may well want to know whether insiders have been buying or selling.
Halliburton Insider Transactions Over The Last Year
President of Western Hemisphere James Brown made the biggest insider sale in the last 12 months.
That single transaction was for US$648k worth of shares at a price of US$40.53 each. While the sale doesn’t make us feel confident, we do note it was conducted at a price well above the current share price, which is US$25.85. So it may not tell us anything about how insiders feel about the current share price.
All up, insiders sold more shares in Halliburton than they bought, over the last year. The average sell price was around US$41.23. Insider selling doesn’t make us excited to buy. But we note that the selling, on average, was at well above the recently traded price of US$25.85!
Insiders at Halliburton Have Sold Stock Recently
Over the last three months, we’ve seen significant insider selling at Halliburton. In total, insiders dumped US$742k worth of shares in that time, and we didn’t record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.
What Might The Insider Transactions At Halliburton Tell Us?
Insiders haven’t bought Halliburton stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn’t make us feel much more positive. Insider ownership isn’t particularly high, so this analysis makes us cautious about the company. So we’d only buy after careful consideration. Of course, the future is what matters most.