Land Securities Group CFO & Executive Director Vanessa Simms Sells 27% Of Holding

Some Land Securities Group Plc ( LON:LAND ) shareholders may be a little concerned to see that the CFO & Executive Director, Vanessa Simms, recently sold a substantial UK£522k worth of stock at a price of UK£6.31 per share. That's a big disposal, and it decreased their holding size by 27%, which is notable but not too bad.  We would like to clarify that the transaction was carried out to offset a tax liability.

Check out our latest analysis for Land Securities Group

The Last 12 Months Of Insider Transactions At Land Securities Group

Notably, that recent sale by Vanessa Simms is the biggest insider sale of Land Securities 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£6.35. 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. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was only 27% of Vanessa Simms's holding.

The chart below shows insider transactions (by companies and individuals) over the last year. 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 undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Land Securities Group

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Land Securities Group insiders own 0.09% of the company, worth about UK£4.0m. We do generally prefer see higher levels of insider ownership.

So What Do The Land Securities Group Insider Transactions Indicate?

The insider sales have outweighed the insider buying, at Land Securities Group, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we'd only buy after very careful consideration. 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. Our analysis shows 3 warning signs for Land Securities Group (1 is significant!) and we strongly recommend you look at these before investing.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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