Don't Ignore The Fact That This Insider Just Sold Some Shares In CWC Energy Services Corp. (CVE:CWC)

Investors may wish to note that the Independent Director of CWC Energy Services Corp., Gary Bentham, recently netted CA$72k from selling stock, receiving an average price of CA$0.12. It might not be a huge sale, but it did reduce their holding size 22%, hardly encouraging.

View our latest analysis for CWC Energy Services

The Last 12 Months Of Insider Transactions At CWC Energy Services

In fact, the recent sale by Gary Bentham 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 slightly below the current price (CA$0.13). 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. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 22% of Gary Bentham's holding.

CWC Energy Services insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does CWC Energy Services Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 6.7% of CWC Energy Services shares, worth about CA$4.0m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About CWC Energy Services Insiders?

Insiders sold CWC Energy Services shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. When you consider that most companies have higher levels of insider ownership, we're a little wary. We'd certainly practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing CWC Energy Services. You'd be interested to know, that we found 3 warning signs for CWC Energy Services and we suggest you have a look.

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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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