Have Fugro Insiders Been Selling Stock?

Some Fugro N.V. (AMS:FUR) shareholders may be a little concerned to see that the Chairman of Management Board & CEO, Mark Rembold Heine, recently sold a substantial €712k worth of stock at a price of €20.95 per share. That sale reduced their total holding by 17% which is hardly insignificant, but far from the worst we've seen.

View our latest analysis for Fugro

Fugro Insider Transactions Over The Last Year

In fact, the recent sale by Mark Rembold Heine was the biggest sale of Fugro shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was slightly below the current price of €21.18, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower 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. It is worth noting that this sale was only 17% of Mark Rembold Heine's holding.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Fugro better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership Of Fugro

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 2.1% of Fugro shares, worth about €50m. 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 Fugro Tell Us?

Unfortunately, there has been more insider selling of Fugro stock, than buying, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. But it is good to see that Fugro is growing earnings. 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 Fugro. At Simply Wall St, we found 1 warning sign for Fugro that deserve your attention before buying any shares.

But note: Fugro may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.