As Capri Holdings Limited’s (NYSE:CPRI)) market cap dropped by US$267m, insiders who sold US$1.1m worth of stock were able to offset their losses

Over the past year, insiders sold US$1.1m worth of Capri Holdings Limited (NYSE:CPRI) stock at an average price of US$60.58 per share allowing them to get the most out of their money. The company’s market worth decreased by US$267m over the past week after the stock price dropped 3.5%, although insiders were able to minimize their losses

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Capri Holdings

Capri Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Executive VP, Thomas Edwards, for US$809k worth of shares, at about US$67.56 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$57.01. So it may not tell us anything about how insiders feel about the current share price.

Insiders in Capri Holdings didn’t buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Does Capri Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Capri Holdings insiders own 2.5% of the company, currently worth about US$184m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Capri Holdings Insiders?

There haven’t been any insider transactions in the last three months — that doesn’t mean much. While we feel good about high insider ownership of Capri Holdings, we can’t say the same about the selling of shares. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. To assist with this, we’ve discovered 1 warning sign that you should run your eye over to get a better picture of Capri Holdings.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.