Trade Alert: The Independent Non-Executive Chairman Of IG Design Group plc (LON:IGR), John Stuart Charlton, Has Sold Some Shares Recently

Some IG Design Group plc (LON:IGR) shareholders may be a little concerned to see that the Independent Non-Executive Chairman, John Stuart Charlton, recently sold a substantial UK£1.2m worth of stock at a price of UK£5.80 per share. That diminished their holding by a very significant 67%, which arguably implies a strong desire to reallocate capital.

See our latest analysis for IG Design Group

The Last 12 Months Of Insider Transactions At IG Design Group

In the last twelve months, the biggest single sale by an insider was when the Group CEO, Paul Fineman, sold UK£11m worth of shares at a price of UK£4.60 per share. That means that even when the share price was below the current price of UK£5.80, 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was 100% of Paul Fineman's holding.

Insiders in IG Design Group didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like IG Design Group better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership

Many investors like to check how much of a company is owned by 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. Based on our data, IG Design Group insiders have about 0.5% of the stock, worth approximately UK£2.6m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We consider this fairly low insider ownership.

What Might The Insider Transactions At IG Design Group Tell Us?

Insiders haven't bought IG Design Group 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. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we'd only buy after very careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing IG Design Group. For example - IG Design Group has 5 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, but not derivative transactions.

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