One Sterling Construction Company, Inc. (NASDAQ:STRL) insider upped their stake by 344% in the previous year

Insiders were net buyers of Sterling Construction Company, Inc.'s (NASDAQ:STRL ) stock during the past year. That is, insiders bought more stock than they sold.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Sterling Construction Company

The Last 12 Months Of Insider Transactions At Sterling Construction Company

In the last twelve months, the biggest single purchase by an insider was when Director Julie Dill bought US$226k worth of shares at a price of US$22.56 per share. That implies that an insider found the current price of US$24.01 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Sterling Construction Company share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Julie Dill.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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insider-trading-volume

Sterling Construction Company is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Sterling Construction Company insiders own 4.2% of the company, worth about US$29m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Sterling Construction Company Tell Us?

It doesn't really mean much that no insider has traded Sterling Construction Company shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Insiders own shares in Sterling Construction Company and we see no evidence to suggest they are worried about the future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. In terms of investment risks, we've identified 3 warning signs with Sterling Construction Company and understanding them should be part of your investment process.

But note: Sterling Construction Company 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, 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.