20% Of This Baltic Classifieds Group Insider's Holdings Were Sold

Looking at Baltic Classifieds Group PLC's (LON:BCG ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Baltic Classifieds Group

The Last 12 Months Of Insider Transactions At Baltic Classifieds Group

The CEO & Director, Justinas Simkus, made the biggest insider sale in the last 12 months. That single transaction was for UK£8.6m worth of shares at a price of UK£2.14 each. So it's clear an insider wanted to take some cash off the table, even below the current price of UK£2.34. 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. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 20% of Justinas Simkus's stake. The only individual insider seller over the last year was Justinas Simkus.

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!

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Insider Ownership Of Baltic Classifieds Group

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 6.4% of Baltic Classifieds Group shares, worth about UK£72m. 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 Baltic Classifieds Group Tell Us?

The fact that there have been no Baltic Classifieds Group insider transactions recently certainly doesn't bother us. Still, the insider transactions at Baltic Classifieds Group in the last 12 months are not very heartening. But it's good to see that insiders own shares in the company. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Baltic Classifieds Group.

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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 or indirect interests.

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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.