This Insider Has Just Sold Shares In B.P. Marsh & Partners

Anyone interested in B.P. Marsh & Partners PLC (LON:BPM) should probably be aware that the Chief Investment Officer & Director, Daniel Topping, recently divested UK£139k worth of shares in the company, at an average price of UK£7.41 each. The eyebrow raising move amounted to a reduction of 12% in their holding.

See our latest analysis for B.P. Marsh & Partners

The Last 12 Months Of Insider Transactions At B.P. Marsh & Partners

In fact, the recent sale by Daniel Topping was the biggest sale of B.P. Marsh & Partners shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of UK£7.30. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last twelve months insiders purchased 6.68k shares for UK£32k. But they sold 87.59k shares for UK£636k. Over the last year we saw more insider selling of B.P. Marsh & Partners shares, than buying. 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!

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Does B.P. Marsh & Partners Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It's great to see that B.P. Marsh & Partners insiders own 48% of the company, worth about UK£129m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The B.P. Marsh & Partners Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since B.P. Marsh & Partners is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. You'd be interested to know, that we found 1 warning sign for B.P. Marsh & Partners and we suggest you have a look.

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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.