Possible Bearish Signals With Eurobank Ergasias Services and Holdings Insiders Disposing Stock

In the last year, many Eurobank Ergasias Services and Holdings S.A. (ATH:EUROB) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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The Last 12 Months Of Insider Transactions At Eurobank Ergasias Services and Holdings

Over the last year, we can see that the biggest insider sale was by the GM of Group Finance & Group CFO, Charalambos Harris Kokologiannis, for €589k worth of shares, at about €2.05 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of €2.43. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was 54% of Charalambos Harris Kokologiannis's holding.

Eurobank Ergasias Services and Holdings insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Check out our latest analysis for Eurobank Ergasias Services and Holdings

I will like Eurobank Ergasias Services and Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Eurobank Ergasias Services and Holdings insiders own 0.1% of the company, worth about €9.9m. 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 Eurobank Ergasias Services and Holdings Tell Us?

The fact that there have been no Eurobank Ergasias Services and Holdings insider transactions recently certainly doesn't bother us. Our analysis of Eurobank Ergasias Services and Holdings insider transactions leaves us unenthusiastic. 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 Eurobank Ergasias Services and Holdings. While conducting our analysis, we found that Eurobank Ergasias Services and Holdings has 1 warning sign and it would be unwise to ignore this.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.