Don't Ignore The Fact That This Insider Just Sold Some Shares In Anglo Pacific Group plc (LON:APF)
Some Anglo Pacific Group plc (LON:APF) shareholders may be a little concerned to see that the CEO & Executive Director, Julian Treger, recently sold a substantial UK£840k worth of stock at a price of UK£1.29 per share. That sale reduced their total holding by 17% which is hardly insignificant, but far from the worst we've seen.
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The Last 12 Months Of Insider Transactions At Anglo Pacific Group
In fact, the recent sale by Julian Treger was the biggest sale of Anglo Pacific 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 slightly below the current price (UK£1.34). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 17% of Julian Treger's holding.
Happily, we note that in the last year insiders paid UK£617k for 476.00k shares. But insiders sold 1.35m shares worth UK£1.8m. Julian Treger ditched 1.35m shares over the year. The average price per share was US$1.35. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
I will like Anglo Pacific 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.
Does Anglo Pacific Group Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 2.2% of Anglo Pacific Group shares, worth about UK£6.3m, according to our data. But they may have an indirect interest through a corporate structure that we haven't picked up on. Whilst better than nothing, we're not overly impressed by these holdings.
So What Do The Anglo Pacific Group Insider Transactions Indicate?
The stark truth for Anglo Pacific Group is that there has been more insider selling than insider buying in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we're not rushing to buy, to say the least. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Anglo Pacific Group. At Simply Wall St, we found 3 warning signs for Anglo Pacific Group that deserve your attention before buying any shares.
But note: Anglo Pacific 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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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.