The Chairman & CEO of Camping World Holdings, Inc. (NYSE:CWH), Marcus Lemonis, Just Sold 42% Of Their Holding

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Some Camping World Holdings, Inc. (NYSE:CWH) shareholders may be a little concerned to see that the Chairman & CEO, Marcus Lemonis, recently sold a substantial US$10m worth of stock at a price of US$27.59 per share. That sale reduced their total holding by 42% which is hardly insignificant, but far from the worst we’ve seen.

Our analysis indicates that CWH is potentially undervalued!

Camping World Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Marcus Lemonis is the biggest insider sale of Camping World Holdings shares that we’ve seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$26.64. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn’t a major concern, though it’s hardly a good sign.

Happily, we note that in the last year insiders paid US$384k for 12.70k shares. On the other hand they divested 367.00k shares, for US$10m. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
NYSE:CWH Insider Trading Volume November 29th 2022

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.7% of Camping World Holdings shares, worth about US$40m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Camping World Holdings Tell Us?

An insider sold Camping World Holdings shares recently, but they didn’t buy any. And our longer term analysis of insider transactions didn’t bring confidence, either. Insiders own shares, but we’re still pretty cautious, given the history of sales. So we’d only buy after careful consideration. In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing Camping World Holdings. Every company has risks, and we’ve spotted 3 warning signs for Camping World Holdings (of which 1 shouldn’t be ignored!) you should know about.

Of course Camping World Holdings 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, but not derivative transactions.

Valuation is complex, but we’re helping make it simple.

Find out whether Camping World Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.

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