Games Workshop Group Insider Lowered Holding By 67% During Last Year

Looking at Games Workshop Group PLC's (LON:GAW ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

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 Games Workshop Group

Games Workshop Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Rachel Tongue, for UK£712k worth of shares, at about UK£95.14 per share. That means that even when the share price was below the current price of UK£145, 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 67% of Rachel Tongue's holding. The only individual insider seller over the last year was Rachel Tongue.

In the last twelve months insiders purchased 6.48k shares for UK£658k. But they sold 7.50k shares for UK£712k. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Games Workshop Group better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Games Workshop Group Insiders Bought Stock Recently

There was some insider buying at Games Workshop Group over the last quarter. CEO & Executive Director Kevin Rountree bought UK£15k worth of shares in that time. It's great to see that insiders are only buying, not selling. However, in this case the amount invested recently is quite small.

Does Games Workshop Group Boast High Insider Ownership?

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. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Games Workshop Group insiders own 0.08% of the company, worth about UK£3.9m. We prefer to see high levels of insider ownership.

So What Do The Games Workshop Group Insider Transactions Indicate?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. The net investment is not enough to encourage us much. Our analysis of Games Workshop Group insider transactions leaves us unenthusiastic. And we're not picking up on high enough insider ownership to give us any comfort. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Games Workshop Group. While conducting our analysis, we found that Games Workshop Group has 1 warning sign and it would be unwise to ignore this.

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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