Have Accent Group Insiders Been Selling Stock?

We wouldn't blame Accent Group Limited (ASX:AX1) shareholders if they were a little worried about the fact that Daniel Agostinelli, the Group CEO recently netted about AU$1.4m selling shares at an average price of AU$1.80. However, that sale only accounted for 4.0% of their holding, so arguably it doesn't say much about their conviction.

We've discovered 2 warning signs about Accent Group. View them for free.

The Last 12 Months Of Insider Transactions At Accent Group

In the last twelve months, the biggest single sale by an insider was when the insider, Brett Blundy, sold AU$165m worth of shares at a price of AU$2.00 per share. So we know that an insider sold shares at around the present share price of AU$1.84. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. 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).

In the last year Accent Group insiders didn't buy any company stock. 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!

Check out our latest analysis for Accent Group

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

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. We usually like to see fairly high levels of insider ownership. Insiders own 15% of Accent Group shares, worth about AU$154m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Accent Group Tell Us?

An insider sold Accent Group shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Accent Group. In terms of investment risks, we've identified 2 warning signs with Accent Group and understanding these should be part of your investment process.

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.