This Insider Has Just Sold Shares In ReVolve Renewable Power

Investors may wish to note that the Independent Non-Executive Chairman of ReVolve Renewable Power Corp., Roger Norwich, recently netted CA$108k from selling stock, receiving an average price of CA$0.27. On the bright side, that's just a small sale and only reduced their holding by 5.2%.

Check out our latest analysis for ReVolve Renewable Power

ReVolve Renewable Power Insider Transactions Over The Last Year

In fact, the recent sale by Roger Norwich was the biggest sale of ReVolve Renewable Power shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even below the current price of CA$0.28. 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. This single sale was just 5.2% of Roger Norwich's stake.

Happily, we note that in the last year insiders paid CA$259k for 882.38k shares. On the other hand they divested 1.05m shares, for CA$282k. Over the last year we saw more insider selling of ReVolve Renewable Power shares, than buying. 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: Most of them are flying under the radar).

Does ReVolve Renewable Power Boast High 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. I reckon it's a good sign if insiders own a significant number of shares in the company. ReVolve Renewable Power insiders own about CA$7.1m worth of shares (which is 40% 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 Do The ReVolve Renewable Power Insider Transactions Indicate?

The stark truth for ReVolve Renewable Power is that there has been more insider selling than insider buying in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ReVolve Renewable Power. To help with this, we've discovered 7 warning signs (3 are a bit unpleasant!) that you ought to be aware of before buying any shares in ReVolve Renewable Power.

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.