One Wynn Macau Insider Has Reduced Their Stake

Looking at Wynn Macau, Limited's (HKG:1128 ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Wynn Macau

Wynn Macau Insider Transactions Over The Last Year

The COO & Executive Director, Frederic Luvisutto, made the biggest insider sale in the last 12 months. That single transaction was for HK$6.3m worth of shares at a price of HK$7.32 each. 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 (HK$6.55). So it may not shed much light on insider confidence at current levels. Frederic Luvisutto was the only individual insider to sell shares in the last twelve months.

Frederic Luvisutto sold a total of 1.59m shares over the year at an average price of US$7.43. 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 winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

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. Our data indicates that Wynn Macau insiders own about HK$69m worth of shares (which is 0.2% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Wynn Macau Tell Us?

It doesn't really mean much that no insider has traded Wynn Macau shares in the last quarter. Still, the insider transactions at Wynn Macau in the last 12 months are not very heartening. The modest level of insider ownership is, at least, some comfort. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Wynn Macau. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Wynn Macau.

Of course Wynn Macau 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 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.