The Independent Non-Executive Director of Smurfit Kappa Group Plc (ISE:SK3), James Lawrence, Just Sold 49% Of Their Holding

Some Smurfit Kappa Group Plc (ISE:SK3) shareholders may be a little concerned to see that the Independent Non-Executive Director, James Lawrence, recently sold a substantial €6.6m worth of stock at a price of €39.77 per share. That's a big disposal, and it decreased their holding size by 49%, which is notable but not too bad.

Check out our latest analysis for Smurfit Kappa Group

The Last 12 Months Of Insider Transactions At Smurfit Kappa Group

Notably, that recent sale by James Lawrence is the biggest insider sale of Smurfit Kappa Group shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of €39.16. 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).

In the last twelve months insiders purchased 32.94k shares for €1.1m. But they sold 165.00k shares for €6.6m. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Does Smurfit Kappa Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Smurfit Kappa Group insiders own about €81m worth of shares. That equates to 0.8% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Smurfit Kappa Group Tell Us?

An insider hasn't bought Smurfit Kappa Group stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. But since Smurfit Kappa Group is profitable and growing, we're not too worried by this. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Smurfit Kappa Group. Case in point: We've spotted 4 warning signs for Smurfit Kappa Group you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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