This Insider Has Just Sold Shares In Wilmington

Anyone interested in Wilmington plc (LON:WIL) should probably be aware that the CEO & Executive Director, Mark Milner, recently divested UK£385k worth of shares in the company, at an average price of UK£3.80 each. The eyebrow raising move amounted to a reduction of 22% in their holding.

View our latest analysis for Wilmington

Wilmington Insider Transactions Over The Last Year

Notably, that recent sale by Mark Milner is the biggest insider sale of Wilmington shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of UK£3.87. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. 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 22% of Mark Milner's holding.

In the last year Wilmington insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Wilmington

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Wilmington insiders own 0.8% of the company, worth about UK£2.8m. We consider this fairly low insider ownership.

What Might The Insider Transactions At Wilmington Tell Us?

Insiders haven't bought Wilmington stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. When you combine this with the relatively low insider ownership, we are very cautious about the stock. So we'd only buy after very careful consideration. 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. In terms of investment risks, we've identified 2 warning signs with Wilmington and understanding these should be part of your investment process.

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.