Founder and Chairman of the Board Rafael Jesus Contreras Chamorro Just Sold A Bunch Of Shares In Airtificial Intelligence Structures, S.A. (BME:AI)

Anyone interested in Airtificial Intelligence Structures, S.A. (BME:AI) should probably be aware that the Founder and Chairman of the Board, Rafael Jesus Contreras Chamorro, recently divested €420k worth of shares in the company, at an average price of €0.14 each. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.

See our latest analysis for Airtificial Intelligence Structures

Airtificial Intelligence Structures Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Director Leonardo Sánchez-Heredero Álvarez bought €22m worth of shares at a price of €0.15 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being €0.13). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. We note that Leonardo Sánchez-Heredero Álvarez was both the biggest buyer and the biggest seller.

Over the last year, we can see that insiders have bought 159.8m shares worth €24m. On the other hand they divested 98.7m shares, for €15m. In total, Airtificial Intelligence Structures insiders bought more than they sold over the last year. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Does Airtificial Intelligence Structures Boast High Insider Ownership?

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. It appears that Airtificial Intelligence Structures insiders own 27% of the company, worth about €34m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Airtificial Intelligence Structures Tell Us?

The insider sales have outweighed the insider buying, at Airtificial Intelligence Structures, in the last three months. On the other hand, the insider transactions over the last year are encouraging. We like that insiders own a fair amount of the company. So the recent selling doesn't worry us too much. To put this in context, take a look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow .

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned. Thank you for reading.