Don't Ignore The Insider Selling In Wynn Macau

Some Wynn Macau, Limited (HKG:1128) shareholders may be a little concerned to see that the COO & Executive Director, Jean-Luc Luvisutto, recently sold a substantial HK$11m worth of stock at a price of HK$5.42 per share. That's a big disposal, and it decreased their holding size by 22%, which is notable but not too bad.

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Wynn Macau Insider Transactions Over The Last Year

In fact, the recent sale by Jean-Luc Luvisutto was the biggest sale of Wynn Macau shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of HK$5.31. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Jean-Luc Luvisutto divested 2.90m shares over the last 12 months at an average price of HK$5.48. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Wynn Macau

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership

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. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Wynn Macau insiders own 0.2% of the company, worth about HK$47m. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Wynn Macau Tell Us?

An insider sold Wynn Macau shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that Wynn Macau is growing earnings. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! 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 help with this, we've discovered 4 warning signs (2 shouldn't be ignored!) that you ought to be aware of before buying any shares in Wynn Macau.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 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.