Don't Ignore The Insider Selling In Iktinos Hellas Greek Marble Industry Technical and Touristic

Investors may wish to note that the VP & Non-Executive Director of Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company, Lydia Chaida, recently netted €61k from selling stock, receiving an average price of €3.51. On the bright side, that's just a small sale and only reduced their holding by 0.2%.

See our latest analysis for Iktinos Hellas Greek Marble Industry Technical and Touristic

Iktinos Hellas Greek Marble Industry Technical and Touristic Insider Transactions Over The Last Year

Notably, that recent sale by Lydia Chaida is the biggest insider sale of Iktinos Hellas Greek Marble Industry Technical and Touristic shares that we've seen in the last year. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (€0.32). So it may not tell us anything about how insiders feel about the current share price.

Lydia Chaida divested 232.40k shares over the last 12 months at an average price of €0.61. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Iktinos Hellas Greek Marble Industry Technical and Touristic insiders own 71% of the company, worth about €26m. 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 Iktinos Hellas Greek Marble Industry Technical and Touristic Insiders?

An insider hasn't bought Iktinos Hellas Greek Marble Industry Technical and Touristic stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. 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. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that Iktinos Hellas Greek Marble Industry Technical and Touristic is showing 5 warning signs in our investment analysis, and 2 of those don't sit too well with us...

But note: Iktinos Hellas Greek Marble Industry Technical and Touristic 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 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.