This Cracker Barrel Old Country Store insider has reduced his stake by 15%

Insiders were net sellers of Cracker Barrel Old Country Store, Inc.’s (NASDAQ:CBRL) shares over the past year. That means insiders have sold more shares than they have bought.

While we would never recommend that investors base their decisions solely on the behavior of company executives, we believe it is foolish to completely ignore insider transactions.

Check out our latest analysis for Cracker Barrel Old Country Store

Insider transactions at Cracker Barrel Old Country Store last year

Over the last year, we could see that the largest insider sale was by insider Sandra Cochran, who sold US$1.7 million worth of shares, or about US$67.13 per share. While we don’t usually like to see insider selling, it is more concerning when the sales occur at a lower price. It is some comfort that this sale was made at a price well above the current share price of US$40.01, so it is difficult to draw any firm conclusions from this. Sandra Cochran was the only single insider to sell shares in the last twelve months.

You can see the insider transactions (by companies and individuals) over the last year in the graph below. If you click on the graph below, you can see the exact details of each insider transaction!

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Insider ownership of Cracker Barrel Old Country Store

Another way to test the alignment between a company’s leaders and other shareholders is to see how many shares they own. I think it’s a good sign when insiders own a significant number of shares in the company. Cracker Barrel Old Country Store insiders own about $11 million worth of shares, representing 1.3% of the company. While this is a strong but not outstanding level of insider ownership, it is enough to indicate some alignment between management and smaller shareholders.

What could the insider transactions at Cracker Barrel Old Country Store tell us?

The fact that there have been no recent insider transactions at Cracker Barrel Old Country Store certainly doesn’t bother us. We’re not particularly encouraged by insider transactions at Cracker Barrel Old Country Store. But we like the fact that insiders own a large portion of the company. While it’s good to know about insider ownership and transactions, we make sure to also consider the risks associated with a stock before making an investment decision. In our analysis, we found that Cracker Barrel Old Country Store 4 warning signs and it would be unwise to ignore them.

Naturally, If you look elsewhere, you may find a fantastic investment. So take a look at the free List of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulator. Currently, we only consider open market transactions and private disposals of direct holdings, but not derivative transactions or indirect holdings.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.