![]() It's great to see that Quest Diagnostics insiders own 0.7% of the company, worth about US$116m. I reckon it's a good sign if insiders own a significant number of shares in the company. I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. ![]() Does Quest Diagnostics Boast High Insider Ownership? If you are like me, then you will not want to miss this free list of growing companies that insiders are buying. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! NYSE:DGX Insider Trading Volume January 30th 2023 You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. Michael Prevoznik was the only individual insider to sell shares in the last twelve months. We note that the biggest single sale was only 1.5% of Michael Prevoznik's holding. However, while insider selling is sometimes discouraging, it's only a weak signal. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. So it's clear an insider wanted to take some cash off the table, even below the current price of US$146. ![]() ![]() Over the last year, we can see that the biggest insider sale was by the Senior VP & General Counsel, Michael Prevoznik, for US$86k worth of shares, at about US$130 per share. View our latest analysis for Quest Diagnostics Quest Diagnostics Insider Transactions Over The Last Year That is, insiders sold more stock than they bought.Īlthough we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. Insiders were net sellers of Quest Diagnostics Incorporated's ( NYSE:DGX ) stock during the past year. ![]()
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