Have oOh!media Limited (ASX:OML) Insiders Been Selling Their Stock?

We wouldn't blame oOh!media Limited (ASX:OML) shareholders if they were a little worried about the fact that Brendon Cook, the CEO, MD & Executive Director recently netted about AU$810k selling shares at an average price of AU$1.78. That's a big disposal, and it decreased their holding size by 20%, which is notable but not too bad.

Check out our latest analysis for oOh!media

The Last 12 Months Of Insider Transactions At oOh!media

Notably, that recent sale by Brendon Cook is the biggest insider sale of oOh!media shares that we've seen in the last year. That means that an insider was selling shares at around the current price of AU$1.78. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Happily, we note that in the last year insiders paid AU$996k for 1.74m shares. But insiders sold 455.07k shares worth AU$810k. In total, oOh!media insiders bought more than they sold 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 want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does oOh!media Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. From our data, it seems that oOh!media insiders own 0.6% of the company, worth about AU$6.7m. We do generally prefer see higher levels of insider ownership.

So What Do The oOh!media Insider Transactions Indicate?

The stark truth for oOh!media is that there has been more insider selling than insider buying in the last three months. On the other hand, the insider transactions over the last year are encouraging. But insiders own relatively little of the company, from what we can see. So the company doesn't look great on this analysis. While we like knowing 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. To help with this, we've discovered 3 warning signs (1 is potentially serious!) that you ought to be aware of before buying any shares in oOh!media.

But note: oOh!media 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, but not derivative transactions.

If you’re looking to trade oOh!media, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted

This article by Simply Wall St is general in nature. 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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

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