Independent Non-Executive Director Of Alpha Group International Sold 49% Of Their Shares

We'd be surprised if Alpha Group International plc (LON:ALPH) shareholders haven't noticed that the Independent Non-Executive Director, Vijay Thakrar, recently sold UK£290k worth of stock at UK£25.21 per share. That sale was 49% of their holding, so it does make us raise an eyebrow.

View our latest analysis for Alpha Group International

The Last 12 Months Of Insider Transactions At Alpha Group International

The CEO & Executive Director Clive Kahn made the biggest insider purchase in the last 12 months. That single transaction was for UK£1.0m worth of shares at a price of UK£20.77 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£25.30. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Happily, we note that in the last year insiders paid UK£3.2m for 150.26k shares. But they sold 12.45k shares for UK£310k. Overall, Alpha Group International insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Alpha Group International is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Alpha Group International insiders own 15% of the company, worth about UK£164m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Alpha Group International Tell Us?

An insider sold stock recently, but they haven't been buying. In contrast, they appear keener if you look at the last twelve months. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. 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. Be aware that Alpha Group International is showing 2 warning signs in our investment analysis, and 1 of those is potentially serious...

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.