After a 5.7% dip, insiders are undoubtedly glad they sold Ingenia Communities Group (ASX:INA)

Insiders at Ingenia Communities Group (ASX:INA) sold AU$504k worth of stock at an average price of AU$4.20 a share over the past year, making the most of their investment. After the stock price dropped 5.7% last week, the company's market value declined by AU$94m, but insiders were able to mitigate their losses.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Ingenia Communities Group

Ingenia Communities Group Insider Transactions Over The Last Year

The CEO, MD & Executive Director, Simon Owen, made the biggest insider sale in the last 12 months. That single transaction was for AU$504k worth of shares at a price of AU$4.20 each. That means that an insider was selling shares at around the current price of AU$3.82. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). The only individual insider seller over the last year was Simon Owen.

Over the last year, we can see that insiders have bought 30.99k shares worth AU$135k. But they sold 120.00k shares for AU$504k. 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!

I will like Ingenia Communities Group better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.6% of Ingenia Communities Group shares, worth about AU$9.5m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About Ingenia Communities Group Insiders?

The fact that there have been no Ingenia Communities Group insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by Ingenia Communities Group insiders. And usually insiders own more stock in the company, according to our data. Of course, the future is what matters most. So if you are interested in Ingenia Communities Group, you should check out this free report on analyst forecasts for the company.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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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.