Have DUG Technology Insiders Been Selling Stock?

Anyone interested in DUG Technology Ltd (ASX:DUG) should probably be aware that the Independent Non-Executive Director, Louise Bower, recently divested AU$241k worth of shares in the company, at an average price of AU$1.24 each. The eyebrow raising move amounted to a reduction of 18% in their holding.

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DUG Technology Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Alexander Waislitz, sold AU$2.2m worth of shares at a price of AU$2.67 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of AU$1.48. So it is hard to draw any strong conclusion from it.

Happily, we note that in the last year insiders paid AU$332k for 205.17k shares. On the other hand they divested 1.09m shares, for AU$2.4m. All up, insiders sold more shares in DUG Technology than they bought, over the last year. They sold for an average price of about US$2.23. We are not joyful about insider selling. But we note that the selling, on average, was at well above the recently traded price of AU$1.48. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for DUG Technology

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).

Does DUG Technology Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. DUG Technology insiders own about AU$48m worth of shares. That equates to 24% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About DUG Technology Insiders?

An insider hasn't bought DUG Technology stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing DUG Technology. Every company has risks, and we've spotted 1 warning sign for DUG Technology you should know about.

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.