Have Insiders Sold Big Technologies Shares Recently?

We'd be surprised if Big Technologies PLC (LON:BIG) shareholders haven't noticed that the CFO, Company Secretary & Executive Director, Daren Morris, recently sold UK£84k worth of stock at UK£1.68 per share. The eyebrow raising move amounted to a reduction of 13% in their holding.

View our latest analysis for Big Technologies

Big Technologies Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Founder Sara Murray for UK£195k worth of shares, at about UK£1.95 per share. That means that even when the share price was higher than UK£1.63 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

In the last twelve months insiders purchased 235.00k shares for UK£440k. On the other hand they divested 161.00k shares, for UK£253k. In total, Big Technologies insiders bought more than they sold over the last year. 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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Big Technologies

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. Big Technologies insiders own about UK£120m worth of shares (which is 26% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Big Technologies Tell Us?

An insider sold Big Technologies shares recently, but they didn't buy any. In contrast, they appear keener if you look at the last twelve months. And insider ownership remains quite considerable. So we're happy to look past recent trading. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 1 warning sign with Big Technologies and understanding it should be part of your investment process.

But note: Big Technologies 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 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.