Wizz Air Holdings Sees Insider Stock Selling

Insiders were net sellers of Wizz Air Holdings Plc's (LON:WIZZ ) stock during the past year. That is, insiders sold more stock than they bought.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Wizz Air Holdings

The Last 12 Months Of Insider Transactions At Wizz Air Holdings

In the last twelve months, the biggest single sale by an insider was when the CEO & Executive Director, József Váradi, sold UK£2.0m worth of shares at a price of UK£24.12 per share. So what is clear is that an insider saw fit to sell at around the current price of UK£21.99. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign. The only individual insider seller over the last year was József Váradi.

József Váradi ditched 100.00k shares over the year. The average price per share was €24.17. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Wizz Air Holdings Insiders Bought Stock Recently

There was some insider buying at Wizz Air Holdings over the last quarter. Independent Non-Executive Director Charlotte Pedersen purchased UK£14k worth of shares in that period. We like it when there are only buyers, and no sellers. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.

Does Wizz Air Holdings Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Wizz Air Holdings insiders own 2.2% of the company, worth about UK£49m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Wizz Air Holdings Insider Transactions Indicate?

We note a that there has been a bit of insider buying recently (but no selling). Overall the buying isn't worth writing home about. Still, the insider transactions at Wizz Air Holdings in the last 12 months are not very heartening. The modest level of insider ownership is, at least, some comfort. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 1 warning sign for Wizz Air Holdings that deserve your attention before buying any shares.

But note: Wizz Air 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. 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.