MD, CEO & Director Of Breville Group Sold 52% Of Their Shares

We wouldn't blame Breville Group Limited (ASX:BRG) shareholders if they were a little worried about the fact that Jim Clayton, the MD, CEO & Director recently netted about AU$7.1m selling shares at an average price of AU$32.46. Probably the most concerning element of the whole transaction is that the disposal amounted to 52% of their entire holding.

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Breville Group Insider Transactions Over The Last Year

Notably, that recent sale by Jim Clayton is the biggest insider sale of Breville Group shares that we've seen in the last year. That means that an insider was selling shares at around the current price of AU$29.98. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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).

Breville Group insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Breville Group

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Insider Ownership Of Breville Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Breville Group insiders own 0.6% of the company, worth about AU$27m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Breville Group Tell Us?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. On the plus side, Breville Group makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Breville Group. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Breville 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.