Trade Alert: Group Counsel Of IntegraFin Holdings David Johnson Has Sold Stock

Some IntegraFin Holdings plc (LON:IHP) shareholders may be a little concerned to see that the Group Counsel, David Johnson, recently sold a substantial UK£1.0m worth of stock at a price of UK£3.67 per share. That's a big disposal, and it decreased their holding size by 36%, which is notable but not too bad.

See our latest analysis for IntegraFin Holdings

IntegraFin Holdings Insider Transactions Over The Last Year

In fact, the recent sale by David Johnson was the biggest sale of IntegraFin Holdings 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£3.60. 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.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. IntegraFin Holdings insiders own 9.0% of the company, currently worth about UK£108m 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 IntegraFin Holdings Insiders?

An insider sold IntegraFin Holdings shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that IntegraFin Holdings is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. While it's good to be aware of 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 2 warning signs for IntegraFin Holdings you should be aware of.

But note: IntegraFin Holdings 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 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.