CEO, President & Director Of CWC Energy Services Sold 100% Of Their Shares

Some CWC Energy Services Corp. (CVE:CWC) shareholders may be a little concerned to see that the CEO, President & Director, Duncan Au, recently sold a substantial CA$1.7m worth of stock at a price of CA$0.17 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.

Check out our latest analysis for CWC Energy Services

The Last 12 Months Of Insider Transactions At CWC Energy Services

In fact, the recent sale by Duncan Au was the biggest sale of CWC Energy Services shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of CA$0.16. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Happily, we note that in the last year insiders paid CA$80k for 342.00k shares. But they sold 14.72m shares for CA$2.7m. Over the last year we saw more insider selling of CWC Energy Services shares, than buying. 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 8.1% of CWC Energy Services shares, worth about CA$6.7m, according to our data. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At CWC Energy Services Tell Us?

Insiders sold stock recently, but they haven't been buying. And our longer term analysis of insider transactions didn't bring confidence, either. On the plus side, CWC Energy Services makes money, and is growing profits. When you combine this with the relatively low insider ownership, we are very cautious about the stock. We'd certainly practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - CWC Energy Services has 2 warning signs we think you should be aware of.

Of course CWC Energy Services 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.