Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Cadence Bank (NYSE:CADE), that sends out a positive message to the company's shareholders.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Cadence Bank

Cadence Bank Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, J. Wiley, for US$499k worth of shares, at about US$27.31 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$22.97. So it may not shed much light on insider confidence at current levels. J. Wiley was the only individual insider to sell shares in the last twelve months.

In the last twelve months insiders purchased 29.15k shares for US$593k. But insiders sold 18.26k shares worth US$499k. In total, Cadence Bank insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 1.5% of Cadence Bank shares, worth about US$62m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Cadence Bank Tell Us?

There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in Cadence Bank and we see no evidence to suggest they are worried about the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 1 warning sign for Cadence Bank you should know about.