Insiders at the Western Union Company (NYSE:WU) made a handsome sum after selling shares worth US$18.84 per share at present for US$23.91

Last week, The Western Union Company (NYSE:WU) stock jumped 3.9%, but insiders who’ve sold US$301,000 worth of stock over the past year are likely in better shape. position. Selling at an average price of US$23.91, which is higher than the current price, might have been the best move for these insiders, as their investment would have been worth less now than when sold.

While insider trading isn’t the most important thing when it comes to long-term investing, logic dictates that you should pay attention to whether insiders are buying or selling stocks.

Check out our latest analysis for Western Union

Western Union insider transactions over the past year

Over the past year, we can see that the largest insider sale was made by special advisor to the CEO, Hikmet Ersek, for US$301,000 worth of stock, at around US$23.91. per share. Although insider selling is negative, for us it is even more negative if the stock is sold at a lower price. The good news is that this big sell was well above the current price of US$18.84. So this may not shed much light on insider confidence at current levels. The only individual insider seller in the past year was Hikmet Ersek.

You can see insider trading (by companies and individuals) over the past year illustrated in the table below. If you click on the chart, you can see all individual trades including stock price, individual and date!

NYSE: WU insider trading volume as of January 31, 2022

If you’re like me, then you not want to miss this free list of growing companies insiders are buying.

Western Union Insider Ownership

Examining the total insider holdings in a company can help you know if they are well aligned with common shareholders. I think it’s a good sign if insiders have a significant number of shares in the company. Western Union insiders own about $40 million in stock. This equals 0.5% of the business. This level of insider ownership is good, but just short of being particularly noteworthy. This certainly suggests a reasonable degree of alignment.

So what do Western Union insider transactions indicate?

There have been no insider trades in the last three months – that’s not saying much. We are not very encouraged by transactions made by Western Union insiders. The modest level of insider ownership is, at least, some comfort. In addition to knowing what insider transactions are taking place, it is useful to identify the risks that Western Union faces. Example: we have identified 1 warning sign for Western Union you should be aware.

If you’d rather check out another company – one with potentially superior finances – then don’t miss this free list of interesting companies, which have a HIGH return on equity and a low indebtedness.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.