One GEK TERNA Holdings Real Estate Construction Insider Has Reduced Their Stake

Viewing insider transactions for GEK TERNA Holdings, Real Estate, Construction S.A.'s (ATH:GEKTERNA ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

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.

See our latest analysis for GEK TERNA Holdings Real Estate Construction

The Last 12 Months Of Insider Transactions At GEK TERNA Holdings Real Estate Construction

Over the last year, we can see that the biggest insider sale was by the Executive Director, Dimitrios Antonakos, for €182k worth of shares, at about €12.10 per share. That means that even when the share price was below the current price of €14.80, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower 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. It is worth noting that this sale was only 3.4% of Dimitrios Antonakos's holding. Dimitrios Antonakos was the only individual insider to sell over the last year.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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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. We usually like to see fairly high levels of insider ownership. GEK TERNA Holdings Real Estate Construction insiders own about €489m worth of shares (which is 35% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The GEK TERNA Holdings Real Estate Construction Insider Transactions Indicate?

The fact that there have been no GEK TERNA Holdings Real Estate Construction insider transactions recently certainly doesn't bother us. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of GEK TERNA Holdings Real Estate Construction insider transactions don't fill us with confidence. 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. While conducting our analysis, we found that GEK TERNA Holdings Real Estate Construction has 1 warning sign and it would be unwise to ignore this.

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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.