27% Of This Technip Energies Insider's Holdings Were Sold

Looking at Technip Energies N.V.'s (EPA:TE ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Technip Energies

Technip Energies Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the CEO & Executive Director, Arnaud Pieton, for €3.2m worth of shares, at about €21.83 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of €27.50. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was only 27% of Arnaud Pieton's holding. Arnaud Pieton was the only individual insider to sell shares in the last twelve months.

Arnaud Pieton divested 240.00k shares over the last 12 months at an average price of €21.91. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with 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. Our data indicates that Technip Energies insiders own about €8.8m worth of shares (which is 0.2% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Technip Energies Tell Us?

The fact that there have been no Technip Energies insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by Technip Energies insiders. And usually insiders own more stock in the company, according to our data. Of course, the future is what matters most. So if you are interested in Technip Energies, you should check out this free report on analyst forecasts for the company.

Of course Technip Energies 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.