MAST Energy Developments Insiders Miss 19% Gain After Offloading Stock

Despite the fact that MAST Energy Developments PLC (LON:MAST) stock rose 19% last week, insiders who sold UK£83k worth of stock in the previous 12 months are likely to be better off. Selling at an average price of UK£0.0059, which is higher than the current price, may have been the best move for these insiders because their investment would have been worth less now than when they sold.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for MAST Energy Developments

The Last 12 Months Of Insider Transactions At MAST Energy Developments

In the last twelve months, the biggest single sale by an insider was when the Interim Non-Executive Chairman, Paulus Venter, sold UK£83k worth of shares at a price of UK£0.0059 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (UK£0.0016). So it may not tell us anything about how insiders feel about the current share price. Paulus Venter was the only individual insider to sell shares in the last twelve months.

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!

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

Insider Ownership Of MAST Energy Developments

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Based on our data, MAST Energy Developments insiders have about 4.3% of the stock, worth approximately UK£29k. But they may have an indirect interest through a corporate structure that we haven't picked up on. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At MAST Energy Developments Tell Us?

The fact that there have been no MAST Energy Developments insider transactions recently certainly doesn't bother us. The insider transactions at MAST Energy Developments are not inspiring us to buy. And usually insiders own more stock in the company, according to our data. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing MAST Energy Developments. To that end, you should learn about the 7 warning signs we've spotted with MAST Energy Developments (including 6 which are a bit concerning).

Of course MAST Energy Developments 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.