23% Of This IPH Insider's Holdings Were Sold

Looking at IPH Limited's (ASX:IPH ) 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.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

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IPH Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the CEO, MD & Director, Andrew Blattman, sold AU$457k worth of shares at a price of AU$5.08 per share. So we know that an insider sold shares at around the present share price of AU$5.04. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Andrew Blattman was the only individual insider to sell over the last year.

Happily, we note that in the last year insiders paid AU$150k for 27.96k shares. On the other hand they divested 90.00k shares, for AU$457k. 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!

See our latest analysis for IPH

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Does IPH Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Our data suggests IPH insiders own 0.3% of the company, worth about AU$3.7m. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About IPH Insiders?

The fact that there have been no IPH insider transactions recently certainly doesn't bother us. The insider transactions at IPH are not inspiring us to buy. And usually insiders own more stock in the company, according to our data. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing IPH. At Simply Wall St, we found 1 warning sign for IPH that deserve your attention before buying any shares.

But note: IPH 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.