This Insider Has Just Sold Shares In accesso Technology Group

Some accesso Technology Group plc (LON:ACSO) shareholders may be a little concerned to see that the CEO & Director, Steven Brown, recently sold a substantial UK£835k worth of stock at a price of UK£5.35 per share. That sale reduced their total holding by 12% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for accesso Technology Group

The Last 12 Months Of Insider Transactions At accesso Technology Group

In fact, the recent sale by Steven Brown was the biggest sale of accesso Technology 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 around the current price of UK£5.33. 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).

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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does accesso Technology Group Boast High 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. I reckon it's a good sign if insiders own a significant number of shares in the company. accesso Technology Group insiders own about UK£13m worth of shares. That equates to 5.9% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At accesso Technology Group Tell Us?

An insider hasn't bought accesso Technology 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. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing accesso Technology Group. You'd be interested to know, that we found 3 warning signs for accesso Technology Group and we suggest you have a look.

Of course accesso Technology Group may not be the best stock to buy. So you may wish to see this free collection of high quality 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.

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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.