Trading Alert: ConocoPhillips (NYSE:COP) Chief Legal Officer and General Counsel Kelly Rose recently bought some shares | Media Pyro

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Anyone who wants it ConocoPhillips (NYSE:COP) may be aware that Chief Legal Officer and General Counsel, Kelly Rose, sold US $322k worth of shares in the company, at an average price of $136 each. In particular, we see that the sale was equal to a 100% reduction in the size of their position, which does not explain much.

Our analysis indicates that COP is undervalued!

The Last 12 Months of Insider Transactions at ConocoPhillips

In the past twelve months, the biggest sale by an artist was when Director and Advisor, Timothy Leach, bought US$4.2m worth of shares for $102 for each share. This means that even though the share price was below the current price of US$134, an insider wanted to cash in some shares. We usually think it’s bad if insiders are selling, especially if it’s below the current price, because they think a low price is justified. Please understand, buyers have many reasons for buying, so we don’t really know what they think about stock prices. We have seen that the largest single sale was only 5.7% of Timothy Leach’s holdings.

ConocoPhillips insiders did not buy any shares last year. The chart below shows internal transfers (by companies and individuals) over the past year. By reading the graph below, you can see the exact details of each internal transaction!

intra-trading-volume
NYSE: COP Insider Trading Volume November 16th 2022

I’ll be more bullish on ConocoPhillips if I see some big sales. While we wait, check this out free of charge list of growing companies with large, recent, internal sales.

ConocoPhillips Internal Control

Looking at the total number of shareholders in a company can help inform your view of whether or not the common shareholders are well connected. We like to see high levels of ownership. ConocoPhillips insiders own $161m worth of shares (or 0.1% of the company). This type of insider control increases the likelihood that the company will be run for the benefit of all shareholders.

So What Does This Data Mean for ConocoPhillips Insiders?

The insider did not buy any ConocoPhillips stock in the past three months, but did sell some. Looking at the last twelve months, our data does not reflect internal sales. On the plus side, ConocoPhillips is making money and profits are rising. It’s nice to see the owners inside, but the insider buyer beware. In addition to knowing about the internal transactions that are going on, it is good to identify the risks that ConocoPhillips is facing. The reason: We’ve found it 3 warning signs for ConocoPhillips you know, and 1 of them is important.

of course, you can find a great investment by looking elsewhere. So check this out free of charge list of interesting companies.

For the purposes of this article, insiders are those who disclose their transactions to the relevant governing body. We currently account for open market transactions and private placements, but not derivative transactions.

Value is hard, but we’re helping make it simple.

Find out if ConocoPhillips more or less value by checking our comprehensive analysis, included fair value estimation, risk and caution, dividends, internal transactions and financial health.

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This is a general statement by Simply Wall St. We provide information based on historical information and analyst forecasts using unbiased methods, and our articles are not intended as financial advice. It is not intended to be a recommendation to buy or sell any stock and does not take into account your goals or financial situation. We aim to bring you long-term focused analytics driven by original data. Note that our analysis may not include price-sensitive company updates or quality materials. Simply Wall St has no position in the mentioned stocks.

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