Have Insiders Sold Victorian Plumbing Group Shares Recently?

Some Victorian Plumbing Group plc (LON:VIC) shareholders may be a little concerned to see that the CEO & Director, Mark Radcliffe, recently sold a substantial UK£2.7m worth of stock at a price of UK£1.00 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 1.7%.

See our latest analysis for Victorian Plumbing Group

Victorian Plumbing Group Insider Transactions Over The Last Year

Notably, that recent sale by Mark Radcliffe is the biggest insider sale of Victorian Plumbing Group shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of UK£1.00. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Victorian Plumbing 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

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. We usually like to see fairly high levels of insider ownership. Victorian Plumbing Group insiders own about UK£206m worth of shares (which is 63% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Victorian Plumbing Group Insider Transactions Indicate?

An insider hasn't bought Victorian Plumbing Group stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. But since Victorian Plumbing Group is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. 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. Case in point: We've spotted 2 warning signs for Victorian Plumbing Group you should be aware of, and 1 of these can't be ignored.

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.