Stock Analysis

Have Insiders Sold Capral Shares Recently?

Published
ASX:CAA

Anyone interested in Capral Limited (ASX:CAA) should probably be aware that the MD, CEO & Non Independent Director, Anthony Dragicevich, recently divested AU$326k worth of shares in the company, at an average price of AU$8.80 each. On the bright side, that sale was only 6.1% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for Capral

Capral Insider Transactions Over The Last Year

Notably, that recent sale by Anthony Dragicevich is the biggest insider sale of Capral shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even below the current price of AU$9.52. 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. We note that the biggest single sale was only 6.1%of Anthony Dragicevich's holding.

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!

ASX:CAA Insider Trading Volume December 27th 2023

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

Insider Ownership Of Capral

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Capral insiders own about AU$15m worth of shares. That equates to 8.9% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Capral Tell Us?

An insider hasn't bought Capral stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Capral. Be aware that Capral is showing 3 warning signs in our investment analysis, and 1 of those is a bit unpleasant...

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 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.