This Insider Has Just Sold Shares In The Berkeley Group Holdings plc (LON:BKG)

Some The Berkeley Group Holdings plc (LON:BKG) shareholders may be a little concerned to see that the Executive Director, Sean Ellis, recently sold a whopping UK£1.8m worth of stock at a price of UK£53.50 per share. That's a big dump, and it decreased their holding size by 11%, which is notable but not too bad.

See our latest analysis for Berkeley Group Holdings

The Last 12 Months Of Insider Transactions At Berkeley Group Holdings

The CEO & Executive Director, Rob Perrins, made the biggest insider sale in the last 12 months. That single transaction was for UK£12m worth of shares at a price of UK£39.70 each. That means that an insider was selling shares at slightly below the current price (UK£51.22). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent 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. This single sale was just 22% of Rob Perrins's stake.

Berkeley Group Holdings insiders didn't buy any shares over the last year. The chart below shows insider transactions (by 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!

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

Does Berkeley Group Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Berkeley Group Holdings insiders own 3.2% of the company, worth about UK£210m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Berkeley Group Holdings Tell Us?

An insider sold Berkeley Group Holdings shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

Of course Berkeley Group Holdings 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, but not derivative transactions.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

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