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In the last year, many IQVIA Holdings Inc. (NYSE:IQV) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for IQVIA Holdings
The Last 12 Months Of Insider Transactions At IQVIA Holdings
The President of Corporate Strategy & Enterprise Networks, Kevin Knightly, 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$202 each. That means that even when the share price was below the current price of US$226, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was 100% of Kevin Knightly's stake.
Insiders in IQVIA Holdings didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart 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 growing companies that insiders are buying.
IQVIA Holdings Insiders Are Selling The Stock
Over the last three months, we've seen significant insider selling at IQVIA Holdings. In total, President of Corporate Strategy & Enterprise Networks Kevin Knightly dumped US$1.2m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
Does IQVIA Holdings 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. We usually like to see fairly high levels of insider ownership. IQVIA Holdings insiders own 0.8% of the company, currently worth about US$323m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.