Stock Analysis

Complii FinTech Solutions Insider Sellers Miss The Bus As Stock Jumps 14%

ASX:CF1
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While it’s been a great week for Complii FinTech Solutions Ltd (ASX:CF1) shareholders after stock gained 14%, not so much for insiders who sold stock over the past year. Had they waited, they might have been able to sell their stock at much higher prices and thereby received a better value on their investment.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Complii FinTech Solutions

The Last 12 Months Of Insider Transactions At Complii FinTech Solutions

Over the last year, we can see that the biggest insider sale was by the Executive Director, Ian Roe, for AU$200k worth of shares, at about AU$0.06 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$0.032. So it is hard to draw any strong conclusion from it. Ian Roe was the only individual insider to sell shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
ASX:CF1 Insider Trading Volume December 3rd 2023

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

Complii FinTech Solutions Insiders Bought Stock Recently

There was some insider buying at Complii FinTech Solutions over the last quarter. Executive Chairman Craig Mason purchased AU$29k worth of shares in that period. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Insider Ownership Of Complii FinTech Solutions

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Complii FinTech Solutions insiders own 39% of the company, worth about AU$7.1m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Complii FinTech Solutions Insider Transactions Indicate?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. Overall the buying isn't worth writing home about. Still, the insider transactions at Complii FinTech Solutions in the last 12 months are not very heartening. But it's good to see that insiders own shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Complii FinTech Solutions. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Complii FinTech Solutions.

Of course Complii FinTech Solutions 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.