Insiders Sold FleetPartners Group Prematurely At AU$3.16 With Stock Trading Higher

Despite the fact that FleetPartners Group Limited's (ASX:FPR) value has dropped 10% in the last week insiders who sold AU$94k worth of stock in the past 12 months have had less success. Insiders might have been better off holding onto their shares, given that the average selling price of AU$3.16 is still below the current share price.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

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The Last 12 Months Of Insider Transactions At FleetPartners Group

Over the last year, we can see that the biggest insider sale was by the CEO, MD & Director, Damien Berrell, for AU$94k worth of shares, at about AU$3.16 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (AU$2.82). So it may not tell us anything about how insiders feel about the current share price. Damien Berrell was the only individual insider to sell shares in the last twelve months.

In the last twelve months insiders purchased 24.99k shares for AU$75k. But they sold 29.84k shares for AU$94k. 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!

Check out our latest analysis for FleetPartners Group

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data suggests FleetPartners Group insiders own 1.0% of the company, worth about AU$6.0m. We consider this fairly low insider ownership.

What Might The Insider Transactions At FleetPartners Group Tell Us?

It doesn't really mean much that no insider has traded FleetPartners Group shares in the last quarter. Our analysis of FleetPartners Group insider transactions leaves us unenthusiastic. 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 FleetPartners Group. For example - FleetPartners Group has 2 warning signs we think you should be aware of.

But note: FleetPartners Group 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.