Universal Logistics Holdings, Inc.'s stock price has dropped 10% in the previous week. Insiders sold $366m worth of stock in the past year at an average price of $25.60, lower than the current share price. The Chairman, Matthew Moroun, made the largest insider sale. Insider transactions suggest some insiders think the shares are not cheap. Insider ownership is 16%, indicating some alignment between management and smaller shareholders. Investors should be cautious and consider the company's risks before making any investment decision.
Frequently Asked Questions
Question: What is the news about Insider Sellers and Universal Logistics Holdings?
Answer: The news is about insider sellers who might regret selling Universal Logistics Holdings shares at a lower price than their current market value. According to Simply Wall St, the insider sellers may have made a poor decision by selling the shares at a lower price. This indicates that the market value of Universal Logistics Holdings shares may be higher than the selling price by the insiders.