An Insider At Orora Lowered Their Holding Recently

Viewing insider transactions for Orora Limited's (ASX:ORA ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

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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Orora Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the CEO, MD & Director, Brian Lowe, sold AU$393k worth of shares at a price of AU$2.62 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (AU$1.86). So it is hard to draw any strong conclusion from it. Brian Lowe was the only individual insider to sell shares in the last twelve months.

Over the last year, we can see that insiders have bought 173.43k shares worth AU$359k. But they sold 150.00k shares for AU$393k. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Orora

I will like Orora better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insiders At Orora Have Bought Stock Recently

Over the last three months, we've seen significant insider buying at Orora. Not only was there no selling that we can see, but they collectively bought AU$187k worth of shares. This could be interpreted as suggesting a positive outlook.

Insider Ownership Of Orora

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. Based on our data, Orora insiders have about 0.2% of the stock, worth approximately AU$4.8m. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Orora Tell Us?

It's certainly positive to see the recent insider purchases. But we can't say the same for the transactions over the last 12 months. Neither the level of insider ownership, nor the transactions over the last twelve months inspire us, but we think the recent buying is positive. 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. Our analysis shows 2 warning signs for Orora (1 doesn't sit too well with us!) and we strongly recommend you look at these before investing.

Of course Orora may not be the best stock to buy. So you may wish to see this free collection of high quality 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.