Have Insiders Sold Ashmore Group PLC (LON:ASHM) Shares Recently?

We wouldn't blame Ashmore Group PLC (LON:ASHM) shareholders if they were a little worried about the fact that Mark Coombs, the CEO & Executive Director recently netted about UK£40m selling shares at an average price of UK£4.74. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 3.6%.

Check out our latest analysis for Ashmore Group

The Last 12 Months Of Insider Transactions At Ashmore Group

In fact, the recent sale by Mark Coombs was the biggest sale of Ashmore Group shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of UK£4.55. While we don't usually like to see insider selling, it's more concerning if the sales take place 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.

Ashmore Group insiders didn't buy any shares 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 want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Ashmore Group 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

Many investors like to check how much of a company is owned by 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. Ashmore Group insiders own about UK£1.1b worth of shares (which is 36% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Ashmore Group Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Ashmore Group. For instance, we've identified 2 warning signs for Ashmore Group (1 can't be ignored) you should be aware of.

But note: Ashmore 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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