Alpha Group International Insider Lowered Holding By 26% During Last Year

Insiders were net sellers of Alpha Group International plc's (LON:ALPH ) stock during the past year. That is, insiders sold more stock than they bought.

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.

See our latest analysis for Alpha Group International

Alpha Group International Insider Transactions Over The Last Year

The Chief Risk Officer & Executive Director, Timothy Butters, made the biggest insider sale in the last 12 months. That single transaction was for UK£249k worth of shares at a price of UK£21.80 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of UK£17.00. So it may not shed much light on insider confidence at current levels. Timothy Butters was the only individual insider to sell shares in the last twelve months. Notably Timothy Butters was also the biggest buyer, having purchased UK£20k worth of shares.

Timothy Butters ditched 12.33k shares over the year. The average price per share was UK£21.78. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Alpha Group International 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

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. Alpha Group International insiders own 22% of the company, currently worth about UK£160m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Alpha Group International Insiders?

It doesn't really mean much that no insider has traded Alpha Group International shares in the last quarter. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the Alpha Group International insiders selling. While we like knowing 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. Case in point: We've spotted 1 warning sign for Alpha Group International you should be aware of.

Of course Alpha Group International 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 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.