Have Insiders Sold Morgan Sindall Group Shares Recently?

We wouldn't blame Morgan Sindall Group plc (LON:MGNS) shareholders if they were a little worried about the fact that John Morgan, the Founder recently netted about UK£1.1m selling shares at an average price of UK£38.57. However, that sale only accounted for 0.9% of their holding, so arguably it doesn't say much about their conviction.

Check out our latest analysis for Morgan Sindall Group

Morgan Sindall Group Insider Transactions Over The Last Year

In fact, the recent sale by John Morgan was the biggest sale of Morgan Sindall Group shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of UK£37.55. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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: 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. We usually like to see fairly high levels of insider ownership. Morgan Sindall Group insiders own 7.1% of the company, currently worth about UK£125m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Morgan Sindall Group Insider Transactions Indicate?

An insider sold Morgan Sindall Group shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Morgan Sindall Group is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Morgan Sindall Group. For example - Morgan Sindall Group has 2 warning signs we think 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.