Land Securities Group CFO & Executive Director Vanessa Simms Sells 32% Of Holding

We'd be surprised if Land Securities Group plc (LON:LAND) shareholders haven't noticed that the CFO & Executive Director, Vanessa Simms, recently sold UK£283k worth of stock at UK£5.60 per share. The eyebrow raising move amounted to a reduction of 32% in their holding.

View our latest analysis for Land Securities Group

Land Securities Group Insider Transactions Over The Last Year

In fact, the recent sale by Vanessa Simms was the biggest sale of Land Securities 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£5.76). 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 32% of Vanessa Simms's stake.

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!

I will like Land Securities 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 Land Securities 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From looking at our data, insiders own UK£2.0m worth of Land Securities Group stock, about 0.05% of the company. I generally like to see higher levels of ownership.

So What Does This Data Suggest About Land Securities Group Insiders?

An insider hasn't bought Land Securities Group stock in the last three months, but there was some selling. 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 Land Securities Group. Our analysis shows 3 warning signs for Land Securities Group (1 is concerning!) and we strongly recommend you look at them before investing.

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, 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.