Anyone interested in Alector, Inc. (NASDAQ:ALEC) should probably be aware that the Director & Member of Scientific Advisory Board, Richard Scheller, recently divested US$228k worth of shares in the company, at an average price of US$5.16 each. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.

The Last 12 Months Of Insider Transactions At Alector

Notably, that recent sale by Richard Scheller is the biggest insider sale of Alector shares that we've seen in the last year. That means that even when the share price was below the current price of US$5.31, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was 100% of Richard Scheller's stake.

Alector insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

NasdaqGS:ALEC Insider Trading Volume August 25th 2024

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Alector insiders own 6.3% of the company, worth about US$33m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Alector Insiders?

Insiders haven't bought Alector stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! 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. At Simply Wall St, we found 3 warning signs for Alector that deserve your attention before buying any shares.

Of course Alector may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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 of direct interests only, but not derivative transactions o r indirect interest

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

夏雷也走到了床边，从西服内兜里掏出了一只鹿皮夹子。鹿皮夹子里装的是好几十根银针，这段时间他沉迷在针灸术的世界里，这包银针也随身带着。一闲着就往他自己的身上扎几针，揣摩针灸术与穴位方面的知识。现在，这些银针要用在申屠天音的身上了。

申屠天音心领神会，她说道：“现在这么晚了，还是明天吧。”

申屠天音咬紧了嘴唇，她现在才明白夏雷为什么要她一个人逃离这里了。可是，已经迟了。

夏雷将平板电脑关上了，屋里彻底失去了光线。不过他反而看得更清楚了，用钥匙进入别墅的女杀手和她的同伙飞快地登上了二楼，然后蹑手蹑脚地往门口靠近。窗外，两个杀手也爬到了二楼的窗台上，然后慢慢地取下挎在肩头上的微型冲锋.枪。不过他们并没有突入进来，而是在等待。

申屠天音似乎已经得到了她想要的答案，她笑着说道：“没什么，只是随便聊聊。”然hòu，她用连她自己都听不见的声音嘟囔了一句，“恐怕是怕被我抢走了吧，你以为我看不出你的心思？狡猾。”董事及alector scientific advisory board成员出售了他们所持股份的100%“这个吃里扒外的家伙，我待他不薄，但他却背叛我。”夏雷心里很不是滋味。