Have Insiders Sold InterContinental Hotels Group PLC (LON:IHG) Shares Recently?

Some InterContinental Hotels Group PLC (LON:IHG) shareholders may be a little concerned to see that insider Kenneth Macpherson recently sold a substantial UK£661k worth of stock at a price of UK£50.61 per share. That's a big disposal, and it decreased their holding size by 14%, which is notable but not too bad.

See our latest analysis for InterContinental Hotels Group

InterContinental Hotels Group Insider Transactions Over The Last Year

In fact, the recent sale by Kenneth Macpherson was the biggest sale of InterContinental Hotels Group shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of UK£50.26. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

All up, insiders sold more shares in InterContinental Hotels Group than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of InterContinental Hotels Group

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.3% of InterContinental Hotels Group shares, worth about UK£27m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At InterContinental Hotels Group Tell Us?

Insiders haven't bought InterContinental Hotels Group stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we've found that InterContinental Hotels Group has 3 warning signs (1 can't be ignored!) that deserve your attention before going any further with your analysis.

But note: InterContinental Hotels Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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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