This Insider Has Just Sold Shares In Clime Investment Management

Some Clime Investment Management Limited (ASX:CIW) shareholders may be a little concerned to see that insider Ronni Chalmers recently sold a substantial AU$1.1m worth of stock at a price of AU$0.33 per share. That's a big disposal, and it decreased their holding size by 42%, which is notable but not too bad.

Check out our latest analysis for Clime Investment Management

Clime Investment Management Insider Transactions Over The Last Year

Notably, that recent sale by Ronni Chalmers is the biggest insider sale of Clime Investment Management shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of AU$0.31. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Does Clime Investment Management Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Clime Investment Management insiders own about AU$6.3m worth of shares. That equates to 27% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Clime Investment Management Tell Us?

An insider hasn't bought Clime Investment Management stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we've found that Clime Investment Management has 5 warning signs (2 are concerning!) that deserve your attention before going any further with your analysis.

But note: Clime Investment Management 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com