This Insider Has Just Sold Shares In Kelly Partners Group Holdings \

Anyone interested in Kelly Partners Group Holdings Limited (ASX:KPG) should probably be aware that the Founder, Brett Kelly, recently divested AU$156k worth of shares in the company, at an average price of AU$4.52 each. However, the silver lining is that the sale only reduced their total holding by 0.2%, so we're hesitant to read anything much into it, on its own.

Check out our latest analysis for Kelly Partners Group Holdings

Kelly Partners Group Holdings Insider Transactions Over The Last Year

In fact, the recent sale by Founder Brett Kelly was not their only sale of Kelly Partners Group Holdings shares this year. Earlier in the year, they fetched AU$4.67 per share in a -AU$629k sale. That means that an insider was selling shares at around the current price of AU$4.55. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Happily, we note that in the last year insiders paid AU$151k for 31.68k shares. On the other hand they divested 227.98k shares, for AU$1.0m. Brett Kelly divested 227.98k shares over the last 12 months at an average price of AU$4.42. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Kelly Partners Group Holdings Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Kelly Partners Group Holdings insiders own 56% of the company, currently worth about AU$115m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Kelly Partners Group Holdings Insiders?

Unfortunately, there has been more insider selling of Kelly Partners Group Holdings stock, than buying, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. You'd be interested to know, that we found 3 warning signs for Kelly Partners Group Holdings and we suggest you have a look.

But note: Kelly Partners Group Holdings 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, but not derivative transactions.

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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.