Have Ferrexpo plc (LON:FXPO) Insiders Been Selling Their Stock?

We note that the Ferrexpo plc (LON:FXPO) Chief Financial Officer of OJSC Ferrexpo Poltava Mining, Nikoley Kladiev, recently sold UK£69k worth of stock for UK£3.45 per share. It wasn't a huge sale, but it did reduce their holding by 15%. This does not instill confidence.

Check out our latest analysis for Ferrexpo

The Last 12 Months Of Insider Transactions At Ferrexpo

Notably, that recent sale by Nikoley Kladiev is the biggest insider sale of Ferrexpo shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of UK£3.31. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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.

Over the last year, we can see that insiders have bought 29.60k shares worth UK£48k. But insiders sold 20.00k shares worth UK£69k. 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 Ferrexpo 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 of Ferrexpo

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. Ferrexpo insiders own 51% of the company, currently worth about UK£983m 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.

What Might The Insider Transactions At Ferrexpo Tell Us?

An insider sold Ferrexpo shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. 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 Ferrexpo. To that end, you should learn about the 4 warning signs we've spotted with Ferrexpo (including 1 which doesn't sit too well with us).

But note: Ferrexpo 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. 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.
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