The Chairman of the Board of Terna Energy Societe Anonyme Commercial Technical Company (ATH:TENERGY), Goergios Peristeris, Just Bought A Few More Shares

Terna Energy Societe Anonyme Commercial Technical Company (ATH:TENERGY) shareholders (or potential shareholders) will be happy to see that the Chairman of the Board, Goergios Peristeris, recently bought a whopping €627k worth of stock, at a price of €12.54. While that only increased their holding size by 0.2%, it is still a big swing by our standards.

See our latest analysis for Terna Energy Societe Anonyme Commercial Technical

Terna Energy Societe Anonyme Commercial Technical Insider Transactions Over The Last Year

In fact, the recent purchase by Chairman of the Board Goergios Peristeris was not their only trade of Terna Energy Societe Anonyme Commercial Technical shares this year. Earlier in the year, they sold shares at a price of€12.30 per share in a -€27m transaction. So we know that an insider sold shares at around the present share price of €12.06. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. 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 winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Terna Energy Societe Anonyme Commercial Technical

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Terna Energy Societe Anonyme Commercial Technical insiders own about €281m worth of shares (which is 20% 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 Does This Data Suggest About Terna Energy Societe Anonyme Commercial Technical Insiders?

The insider sales have outweighed the insider buying, at Terna Energy Societe Anonyme Commercial Technical, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. But since Terna Energy Societe Anonyme Commercial Technical is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 4 warning signs we've spotted with Terna Energy Societe Anonyme Commercial Technical (including 1 which shouldn't be ignored).

But note: Terna Energy Societe Anonyme Commercial Technical 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, but not derivative transactions.

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