One Morgan Sindall Group Insider Has Reduced Their Stake

From what we can see, insiders were net sellers in Morgan Sindall Group plc's (LON:MGNS ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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Morgan Sindall Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Founder, John Morgan, for UK£1.1m worth of shares, at about UK£38.85 per share. So what is clear is that an insider saw fit to sell at around the current price of UK£38.65. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. John Morgan was the only individual insider to sell shares in the last twelve months.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for Morgan Sindall Group

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).

Insiders At Morgan Sindall Group Have Bought Stock Recently

There was some insider buying at Morgan Sindall Group over the last quarter. CFO & Director Kelly Gangotra shelled out UK£30k for shares in that time. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Insider Ownership Of Morgan Sindall Group

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. It's great to see that Morgan Sindall Group insiders own 7.1% of the company, worth about UK£129m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Morgan Sindall Group Tell Us?

We note a that there has been a bit of insider buying recently (but no selling). The net investment is not enough to encourage us much. It's great to see high levels of insider ownership, but looking back over the last year, we'd need to see more buying to gain confidence from the Morgan Sindall Group insider transactions. 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 1 warning sign we think you should be aware of.

But note: Morgan Sindall 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.