Viewing insider transactions for Travel + Leisure Co.’s (NYSE:TNL ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Travel + Leisure Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Independent Director, George Herrera, for US$128k worth of shares, at about US$58.50 per share. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. It’s of some comfort that this sale was conducted at a price well above the current
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