Have Origin Enterprises Insiders Been Selling Stock?

We'd be surprised if Origin Enterprises plc (ISE:OIZ) shareholders haven't noticed that the Group CEO & Executive Director, Sean Coyle, recently sold €182k worth of stock at €3.61 per share. On the bright side, that sale was only 9.3% of their holding, so we doubt it's very meaningful, on its own.

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The Last 12 Months Of Insider Transactions At Origin Enterprises

In fact, the recent sale by Sean Coyle was the biggest sale of Origin Enterprises shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was slightly below the current price of €3.66, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 9.3% of Sean Coyle's stake.

Happily, we note that in the last year insiders paid €137k for 47.50k shares. On the other hand they divested 50.49k shares, for €182k. 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!

Check out our latest analysis for Origin Enterprises

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Origin Enterprises insiders own 0.7% of the company, worth about €2.8m. But they may have an indirect interest through a corporate structure that we haven't picked up on. We prefer to see high levels of insider ownership.

So What Do The Origin Enterprises Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Origin Enterprises is profitable and growing, we're not too worried by this. When you combine this with the relatively low insider ownership, we are very cautious about the stock. We'd certainly practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Origin Enterprises. At Simply Wall St, we've found that Origin Enterprises has 3 warning signs (1 is significant!) that deserve your attention before going any further with your analysis.

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.