A Atlantic Union Bankshares Corporation (NASDAQ:AUB) insider increased their holdings by 40% last year
Looking at Atlantic Union Bankshares Corporation's (NASDAQ:AUB ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Atlantic Union Bankshares
The Last 12 Months Of Insider Transactions At Atlantic Union Bankshares
Over the last year, we can see that the biggest insider purchase was by Independent Director F. Wimbush for US$54k worth of shares, at about US$35.82 per share. So it's clear an insider wanted to buy, at around the current price, which is US$38.68. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Atlantic Union Bankshares insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was F. Wimbush.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Atlantic Union Bankshares is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 2.0% of Atlantic Union Bankshares shares, worth about US$58m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About Atlantic Union Bankshares Insiders?
It doesn't really mean much that no insider has traded Atlantic Union Bankshares shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Atlantic Union Bankshares and their transactions don't cause us concern. 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. While conducting our analysis, we found that Atlantic Union Bankshares has 1 warning sign and it would be unwise to ignore this.
But note: Atlantic Union Bankshares may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.
