Stock Analysis

This Insider Has Just Sold Shares In Judges Scientific

Published
AIM:JDG

Some Judges Scientific plc (LON:JDG) shareholders may be a little concerned to see that the CEO & Executive Director, David Cicurel, recently sold a substantial UK£6.0m worth of stock at a price of UK£100.00 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 8.9%.

Check out our latest analysis for Judges Scientific

Judges Scientific Insider Transactions Over The Last Year

In fact, the recent sale by David Cicurel was the biggest sale of Judges Scientific shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of UK£95.00. 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.

In the last twelve months insiders purchased 9.00 shares for UK£778. But they sold 67.90k shares for UK£6.9m. Over the last year we saw more insider selling of Judges Scientific shares, than buying. 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!

AIM:JDG Insider Trading Volume September 29th 2024

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).

Insider Ownership Of Judges Scientific

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Judges Scientific insiders own 12% of the company, currently worth about UK£75m based on the recent share price. 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 Judges Scientific Tell Us?

Insiders sold Judges Scientific shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. On the plus side, Judges Scientific makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! While it's good to be aware of 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. Case in point: We've spotted 4 warning signs for Judges Scientific 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 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.