Trade Alert: Executive VP Of J.Jill Mark Webb Has Sold Stock
Some J.Jill, Inc. (NYSE:JILL) shareholders may be a little concerned to see that the Executive VP, Mark Webb, recently sold a substantial US$582k worth of stock at a price of US$23.28 per share. That sale reduced their total holding by 28% which is hardly insignificant, but far from the worst we've seen.
The Last 12 Months Of Insider Transactions At J.Jill
In fact, the recent sale by Mark Webb was the biggest sale of J.Jill shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at slightly below the current price (US$24.15). 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 28% of Mark Webb's stake.
Mark Webb sold a total of 55.00k shares over the year at an average price of US$21.96. 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!
View our latest analysis for J.Jill
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).
Does J.Jill 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. Insiders own 4.7% of J.Jill shares, worth about US$17m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At J.Jill Tell Us?
An insider hasn't bought J.Jill 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. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 2 warning signs for J.Jill that deserve your attention before buying any shares.
But note: J.Jill 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 of direct interests only, but not derivative transactions or indirect interests.
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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.