Have Insiders Been Selling Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company (ATH:IKTIN) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So shareholders might well want to know whether insiders have been buying or selling shares in Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company (ATH:IKTIN).

What Is Insider Selling?

It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, most countries require that the company discloses such transactions to the market.

Insider transactions are not the most important thing when it comes to long-term investing. But logic dictates you should pay some attention to whether insiders are buying or selling shares. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise'.

Check out 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

In the last twelve months, the biggest single sale by an insider was when the Executive Director, Lydia Chaida, sold €156k worth of shares at a price of €0.92 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of €0.65. So it may not tell us anything about how insiders feel about the current share price. Lydia Chaida was the only individual insider to sell shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Iktinos Hellas Greek Marble Industry Technical and Touristic better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership of Iktinos Hellas Greek Marble Industry Technical and Touristic

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Iktinos Hellas Greek Marble Industry Technical and Touristic insiders own about €48m worth of shares (which is 65% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Iktinos Hellas Greek Marble Industry Technical and Touristic Tell Us?

It doesn't really mean much that no insider has traded Iktinos Hellas Greek Marble Industry Technical and Touristic shares in the last quarter. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Iktinos Hellas Greek Marble Industry Technical and Touristic insider transactions don't fill us with confidence. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Iktinos Hellas Greek Marble Industry Technical and Touristic. Be aware that Iktinos Hellas Greek Marble Industry Technical and Touristic is showing 4 warning signs in our investment analysis, and 1 of those doesn't sit too well with us...

Of course Iktinos Hellas Greek Marble Industry Technical and Touristic 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, but not derivative transactions.

If you decide to trade Iktinos Hellas Greek Marble Industry Technical and Touristic, use the lowest-cost* platform that is rated #1 Overall by Barron’s, Interactive Brokers. Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account. Promoted

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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.