Have The Panoply Holdings plc (LON:TPX) Insiders Been Selling Their Stock?

Anyone interested in The Panoply Holdings plc ( LON:TPX ) should probably be aware that the Co-Founder, Oliver Rigby, recently divested UK£80k worth of shares in the company, at an average price of UK£1.95 each. However, it should be noted that the transaction was actually a transfer to the Founders Pledge, at nil consideration and was only 0.8% of their holding. 

See our latest analysis for Panoply Holdings

The Last 12 Months Of Insider Transactions At Panoply Holdings

The recent transfer by Oliver Rigby was the biggest "sale" of Panoply Holdings shares made by an insider individual in the last twelve months, according to our records. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern.

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).

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Panoply Holdings insiders own 49% of the company, currently worth about UK£65m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Panoply Holdings Tell Us?

An insider sold Panoply Holdings shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. 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. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Panoply Holdings has 3 warning signs we think you should be aware of.

But note: Panoply Holdings 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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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