Have Insiders Sold Brickability Group Shares Recently?

We wouldn't blame Brickability Group Plc (LON:BRCK) shareholders if they were a little worried about the fact that Paul Hamilton, the MD of the Distribution Division & Member of Management Board recently netted about UK£690k selling shares at an average price of UK£0.69. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 5.0%.

See our latest analysis for Brickability Group

Brickability Group Insider Transactions Over The Last Year

In fact, the recent sale by Paul Hamilton was the biggest sale of Brickability Group shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even below the current price of UK£0.70. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 5.0% of Paul Hamilton's holding.

Happily, we note that in the last year insiders paid UK£1.4m for 2.12m shares. But insiders sold 1.70m shares worth UK£1.2m. In the last twelve months there was more buying than selling by Brickability Group insiders. 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!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Brickability Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 29% of Brickability Group shares, worth about UK£65m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Brickability Group Insider Transactions Indicate?

The stark truth for Brickability Group is that there has been more insider selling than insider buying in the last three months. In contrast, they appear keener if you look at the last twelve months. And insiders do own shares. So the recent selling doesn't worry us too much. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Brickability Group. Every company has risks, and we've spotted 4 warning signs for Brickability Group you should know about.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.