Have Insiders Sold Kelsian Group Shares Recently? \

Some Kelsian Group Limited (ASX:KLS) shareholders may be a little concerned to see that the Non-Executive Director, Neil Smith, recently sold a substantial AU$5.0m worth of stock at a price of AU$6.43 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.9%.

Check out our latest analysis for Kelsian Group

Kelsian Group Insider Transactions Over The Last Year

In fact, the recent sale by Neil Smith was the biggest sale of Kelsian Group shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even below the current price of AU$6.65. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 2.9%of Neil Smith's holding.

Over the last year, we can see that insiders have bought 1.98m shares worth AU$11m. But they sold 778.70k shares for AU$5.0m. In the last twelve months there was more buying than selling by Kelsian Group insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

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. I reckon it's a good sign if insiders own a significant number of shares in the company. Kelsian Group insiders own 20% of the company, currently worth about AU$381m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Kelsian Group Insiders?

Unfortunately, there has been more insider selling of Kelsian Group stock, than buying, in the last three months. But we take heart from prior transactions. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. While conducting our analysis, we found that Kelsian Group has 3 warning signs and it would be unwise to ignore them.

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.