This Oxford Nanopore Technologies Insider Reduced Their Stake By 12%

Looking at Oxford Nanopore Technologies plc's (LON:ONT ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Oxford Nanopore Technologies

Oxford Nanopore Technologies Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Co-Founder, Gurdial Sanghera, for UK£2.8m worth of shares, at about UK£1.42 per share. That means that an insider was selling shares at around the current price of UK£1.32. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). Gurdial Sanghera was the only individual insider to sell shares in the last twelve months.

In the last twelve months insiders purchased 382.58k shares for UK£488k. But they sold 2.04m shares for UK£2.9m. Gurdial Sanghera ditched 2.04m shares over the year. The average price per share was UK£1.41. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Insider Ownership Of Oxford Nanopore Technologies

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Oxford Nanopore Technologies insiders own 1.7% of the company, worth about UK£21m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Oxford Nanopore Technologies Insiders?

The fact that there have been no Oxford Nanopore Technologies insider transactions recently certainly doesn't bother us. Our analysis of Oxford Nanopore Technologies insider transactions leaves us cautious. But it's good to see that insiders own shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Oxford Nanopore Technologies. At Simply Wall St, we found 2 warning signs for Oxford Nanopore Technologies that deserve your attention before buying any shares.

But note: Oxford Nanopore Technologies 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 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.