This PageGroup Insider Reduced Their Stake By 64%

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

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for PageGroup

The Last 12 Months Of Insider Transactions At PageGroup

The CEO, Member of the Executive Board & Executive Director, Nicholas Kirk, made the biggest insider sale in the last 12 months. That single transaction was for UK£161k worth of shares at a price of UK£4.48 each. So what is clear is that an insider saw fit to sell at around the current price of UK£4.11. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). Nicholas Kirk was the only individual insider to sell over the last year.

The chart below shows insider transactions (by companies and individuals) over the last year. 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).

Does PageGroup Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, PageGroup insiders have about 0.2% of the stock, worth approximately UK£2.4m. We prefer to see high levels of insider ownership.

So What Do The PageGroup Insider Transactions Indicate?

It doesn't really mean much that no insider has traded PageGroup shares in the last quarter. The insider transactions at PageGroup are not inspiring us to buy. We also note that, as far as we can see, insider ownership is fairly low, compared to other companies. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing PageGroup. While conducting our analysis, we found that PageGroup has 2 warning signs and it would be unwise to ignore these.

Of course PageGroup may not be the best stock to buy. So you may wish to see this free collection of high quality 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com