Kelsian Group Insiders Added AU$11.5m Of Stock To Their Holdings

Multiple insiders secured a larger position in Kelsian Group Limited (ASX:KLS) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company's prospects.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Kelsian Group

Kelsian Group Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Non-Executive Director, Neil Smith, sold AU$5.0m worth of shares at a price of AU$6.43 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 silver lining is that this sell-down took place above the latest price (AU$5.80). So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Neil Smith. Notably Neil Smith was also the biggest buyer, having purchased AU$11m worth of shares.

Happily, we note that in the last year insiders paid AU$11m for 2.06m shares. But insiders sold 984.85k shares worth AU$6.3m. Overall, Kelsian Group insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Kelsian Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Kelsian Group Boast High 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. We usually like to see fairly high levels of insider ownership. Kelsian Group insiders own about AU$333m worth of shares (which is 21% of the company). 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?

The fact that there have been no Kelsian Group insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. Judging from their transactions, and high insider ownership, Kelsian Group insiders feel good about the company's future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Kelsian Group. Every company has risks, and we've spotted 5 warning signs for Kelsian Group (of which 2 are significant!) you should know about.

But note: Kelsian Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 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.