Have TBC Bank Group PLC (LON:TBCG) Insiders Been Selling Their Stock?

Anyone interested in TBC Bank Group PLC (LON:TBCG) should probably be aware that the CEO & Executive Director, Vakhtang Butskhrikidze, recently divested UK£315k worth of shares in the company, at an average price of UK£13.40 each. However, the silver lining is that the sale only reduced their total holding by 3.2%, so we're hesitant to read anything much into it, on its own.

Check out our latest analysis for TBC Bank Group

TBC Bank Group Insider Transactions Over The Last Year

In fact, the recent sale by CEO & Executive Director Vakhtang Butskhrikidze was not their only sale of TBC Bank Group shares this year. They previously made an even bigger sale of -UK£1.1m worth of shares at a price of UK£13.40 per share. So we know that an insider sold shares at around the present share price of UK£12.48. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

TBC Bank Group insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and 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!

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).

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It's great to see that TBC Bank Group insiders own 17% of the company, worth about UK£116m. 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 TBC Bank Group Tell Us?

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For instance, we've identified 3 warning signs for TBC Bank Group (1 makes us a bit uncomfortable) you should be aware of.

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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