This Super Retail Group Insider Reduced Their Stake By 21%

Insiders were net sellers of Super Retail Group Limited's (ASX:SUL ) stock during the past year. That is, insiders sold more stock than they bought.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Super Retail Group

The Last 12 Months Of Insider Transactions At Super Retail Group

In the last twelve months, the biggest single sale by an insider was when the Group MD, Anthony Heraghty, sold AU$1.8m worth of shares at a price of AU$17.55 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is AU$15.62. So it may not tell us anything about how insiders feel about the current share price. Anthony Heraghty was the only individual insider to sell shares in the last twelve months.

Happily, we note that in the last year insiders paid AU$664k for 49.98k shares. But insiders sold 104.00k shares worth AU$1.8m. 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!

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Super Retail Group Insiders Bought Stock Recently

Over the last three months, we've seen significant insider buying at Super Retail Group. Specifically, Independent Non-Executive Chairman Judith Swales bought AU$143k worth of shares in that time, and we didn't record any sales whatsoever. This is a positive in our book as it implies some confidence.

Does Super Retail Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Super Retail Group insiders own about AU$1.0b worth of shares (which is 30% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Super Retail Group Tell Us?

It's certainly positive to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. The high levels of insider ownership, and the recent buying by an insider suggests they are well aligned and optimistic. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Super Retail Group. You'd be interested to know, that we found 1 warning sign for Super Retail Group and we suggest you have a look.

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.