Have Insiders Sold Kelly Partners Group Holdings Limited (ASX:KPG) Shares Recently?

Anyone interested in Kelly Partners Group Holdings Limited (ASX:KPG) should probably be aware that the Founder, Brett Kelly, recently divested AU$148k worth of shares in the company, at an average price of AU$1.70 each. On the bright side, that sale was only 0.4% of their holding, so we doubt it's very meaningful, on its own.

See our latest analysis for Kelly Partners Group Holdings

The Last 12 Months Of Insider Transactions At Kelly Partners Group Holdings

In fact, the recent sale by Founder Brett Kelly was not their only sale of Kelly Partners Group Holdings shares this year. They previously made an even bigger sale of -AU$413k worth of shares at a price of AU$1.20 per share. That means that even when the share price was below the current price of AU$1.67, 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. 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. It is worth noting that this sale was only 1.5% of Brett Kelly's holding.

Over the last year, we can see that insiders have bought 328.32k shares worth AU$356k. But they sold 499.04k shares for AU$644k. Brett Kelly sold a total of 499.04k shares over the year at an average price of AU$1.29. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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).

Does Kelly Partners Group Holdings Boast High 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. Kelly Partners Group Holdings insiders own 57% of the company, currently worth about AU$42m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Kelly Partners Group Holdings Insider Transactions Indicate?

The insider sales have outweighed the insider buying, at Kelly Partners Group Holdings, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. On the plus side, Kelly Partners Group Holdings makes money, and is growing profits. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. 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. In terms of investment risks, we've identified 5 warning signs with Kelly Partners Group Holdings and understanding them should be part of your investment process.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

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This article by Simply Wall St is general in nature. 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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