Trade Alert: CFO & Executive Director Of Keller Group David Burke Has Sold Stock

Anyone interested in Keller Group plc (LON:KLR) should probably be aware that the CFO & Executive Director, David Burke, recently divested UK£321k worth of shares in the company, at an average price of UK£16.13 each. The eyebrow raising move amounted to a reduction of 31% in their holding.

See our latest analysis for Keller Group

Keller Group Insider Transactions Over The Last Year

Notably, that recent sale by David Burke is the biggest insider sale of Keller Group shares that we've seen in the last year. That means that even when the share price was slightly below the current price of UK£16.16, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was only 31% of David Burke's holding.

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).

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.6% of Keller Group shares, worth about UK£7.6m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Keller Group Insiders?

An insider sold Keller Group shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But since Keller Group is profitable and growing, we're not too worried by this. When you consider that most companies have higher levels of insider ownership, we're a little wary. So we're not rushing to buy, to say the least. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Keller Group. While conducting our analysis, we found that Keller Group has 1 warning sign and it would be unwise to ignore it.

But note: Keller Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 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.