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From what we can see, insiders were net sellers in Constellation Energy Corporation's (NASDAQ:CEG ) 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, logic dictates you should pay some attention to whether insiders are buying or selling shares.
The Last 12 Months Of Insider Transactions At Constellation Energy
The Senior VP & Controller, Matthew Bauer, made the biggest insider sale in the last 12 months. That single transaction was for US$1.2m worth of shares at a price of US$311 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$271. So it may not shed much light on insider confidence at current levels. Matthew Bauer was the only individual insider to sell over the last year.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Constellation Energy
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Constellation Energy Insiders Are Selling The Stock
Over the last three months, we've seen significant insider selling at Constellation Energy. In total, Senior VP & Controller Matthew Bauer dumped US$1.2m 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 Of Constellation Energy
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. I reckon it's a good sign if insiders own a significant number of shares in the company. Constellation Energy insiders own about US$124m worth of shares (which is 0.1% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About Constellation Energy Insiders?
An insider hasn't bought Constellation 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. But it is good to see that Constellation Energy is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Constellation Energy. For instance, we've identified 3 warning signs for Constellation Energy (2 are potentially serious) you should be aware of.