Group CEO & Executive Director Of NAHL Group Sold 32% Of Their Shares

Anyone interested in NAHL Group Plc (LON:NAH) should probably be aware that the Group CEO & Executive Director, James Saralis, recently divested UK£84k worth of shares in the company, at an average price of UK£0.70 each. The eyebrow raising move amounted to a reduction of 32% in their holding.

Check out our latest analysis for NAHL Group

The Last 12 Months Of Insider Transactions At NAHL Group

Notably, that recent sale by James Saralis is the biggest insider sale of NAHL Group shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of UK£0.70. 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 32% of James Saralis's holding.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like NAHL Group better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does NAHL Group Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. From our data, it seems that NAHL Group insiders own 8.4% of the company, worth about UK£2.7m. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At NAHL Group Tell Us?

Unfortunately, there has been more insider selling of NAHL Group stock, than buying, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. When you consider that most companies have higher levels of insider ownership, we're a little wary. So we'd only buy after very careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing NAHL Group. At Simply Wall St, we found 2 warning signs for NAHL Group that deserve your attention before buying any shares.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.