This Insider Has Just Sold Shares In Kri-Kri Milk Industry S.A. (ATH:KRI)

Some Kri-Kri Milk Industry S.A. (ATH:KRI) shareholders may be a little concerned to see that the Chairman, Panagiotis Tsinavos, recently sold a substantial €650k worth of stock at a price of €6.50 per share. However, that sale only accounted for 1.1% of their holding, so arguably it doesn't say much about their conviction.

See our latest analysis for Kri-Kri Milk Industry

The Last 12 Months Of Insider Transactions At Kri-Kri Milk Industry

Notably, that recent sale by Panagiotis Tsinavos is the biggest insider sale of Kri-Kri Milk Industry shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of €6.50. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Panagiotis Tsinavos divested 185.00k shares over the last 12 months at an average price of €6.12. 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!

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Insider Ownership of Kri-Kri Milk Industry

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. Kri-Kri Milk Industry insiders own 68% of the company, currently worth about €146m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Kri-Kri Milk Industry Insiders?

An insider hasn't bought Kri-Kri Milk Industry stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. On the plus side, Kri-Kri Milk Industry makes money, and is growing profits. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Kri-Kri Milk Industry. While conducting our analysis, we found that Kri-Kri Milk Industry has 2 warning signs and it would be unwise to ignore these.

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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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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