This Insider Has Just Sold Shares In George Weston

Some George Weston Limited (TSE:WN) shareholders may be a little concerned to see that insider Alannah Weston recently sold a substantial CA$8.4m worth of stock at a price of CA$227 per share. That diminished their holding by a very significant 87%, which arguably implies a strong desire to reallocate capital.

See our latest analysis for George Weston

The Last 12 Months Of Insider Transactions At George Weston

Over the last year, we can see that the biggest insider purchase was by Chairman & CEO Galen Weston for CA$25m worth of shares, at about CA$196 per share. We do like to see buying, but this purchase was made at well below the current price of CA$220. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Over the last year, we can see that insiders have bought 135.30k shares worth CA$26m. But insiders sold 54.77k shares worth CA$12m. In total, George Weston insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. George Weston insiders own about CA$156m worth of shares (which is 0.5% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At George Weston Tell Us?

Insiders sold stock recently, but they haven't been buying. In contrast, they appear keener if you look at the last twelve months. And insider ownership remains quite considerable. So we're happy to look past recent trading. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing George Weston. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of George Weston.

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.