Some Herc Holdings Inc. (NYSE:HRI) shareholders may be a little concerned to see that the President, Lawrence Silber, recently sold a substantial US$11m worth of stock at a price of US$237 per share. That sale reduced their total holding by 21% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for Herc Holdings

The Last 12 Months Of Insider Transactions At Herc Holdings

Notably, that recent sale by Lawrence Silber is the biggest insider sale of Herc Holdings shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$228. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Herc Holdings insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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).

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Herc Holdings insiders own 1.5% of the company, worth about US$97m. 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 Herc Holdings Tell Us?

Insiders sold Herc Holdings shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Herc Holdings. Every company has risks, and we've spotted 2 warning signs for Herc Holdings (of which 1 makes us a bit uncomfortable!) you should know about.

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 of direct interests only, but not derivative transactions or indirect interests.

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