Stock Analysis

The Group CEO & Executive Director of Mondi plc (LON:MNDI), Andrew Charles King, Just Bought 15% More Shares

  •  Updated
Source: Shutterstock

Potential Mondi plc (LON:MNDI) shareholders may wish to note that the Group CEO & Executive Director, Andrew Charles King, recently bought UK£224k worth of stock, paying UK£14.96 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 15%.

See our latest analysis for Mondi

The Last 12 Months Of Insider Transactions At Mondi

In the last twelve months, the biggest single sale by an insider was when the insider, Peter Oswald, sold UK£568k worth of shares at a price of UK£16.41 per share. So what is clear is that an insider saw fit to sell at around the current price of UK£14.97. 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. Peter Oswald was the only individual insider to sell shares in the last twelve months.

Happily, we note that in the last year insiders paid UK£301k for 20.00k shares. But insiders sold 34595 shares worth UK£568k. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

LSE:MNDI Insider Trading Volume July 2nd 2020
LSE:MNDI Insider Trading Volume July 2nd 2020

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

Insider Ownership of Mondi

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. Based on our data, Mondi insiders have about 0.04% of the stock, worth approximately UK£2.6m. We consider this fairly low insider ownership.

What Might The Insider Transactions At Mondi Tell Us?

The recent insider purchase is heartening. But we can't say the same for the transactions over the last 12 months. Neither the level of insider ownership, nor the transactions over the last twelve months inspire us, but we think the recent buying is positive. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 2 warning signs for Mondi that deserve your attention before buying any shares.

But note: Mondi 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.

When trading Mondi or any other investment, use the platform considered by many to be the Professional's Gateway to the Worlds Market, Interactive Brokers. You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account.Promoted

Valuation is complex, but we're helping make it simple.

Find out whether Mondi is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis