Chief Financial Officer Todd Ingledew Sold A Bunch Of Shares In Aritzia

Anyone interested in Aritzia Inc. (TSE:ATZ) should probably be aware that the Chief Financial Officer, Todd Ingledew, recently divested CA$400k worth of shares in the company, at an average price of CA$40.00 each. That sale was 32% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for Aritzia

Aritzia Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Independent Director Aldo Bensadoun bought CA$3.0m worth of shares at a price of CA$24.49 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$37.05), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 285.30k shares worth CA$7.0m. But insiders sold 10.00k shares worth CA$400k. In the last twelve months there was more buying than selling by Aritzia insiders. 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 plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Aritzia

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Aritzia insiders own about CA$777m worth of shares (which is 19% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Aritzia Tell Us?

An insider sold Aritzia shares recently, but they didn't buy any. On the other hand, the insider transactions over the last year are encouraging. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Aritzia.

Of course Aritzia 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.

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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.