ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. ING Groep's insiders have divested from 11.18k shares in the large-cap stock within the past three months. A well-known argument is that insiders divesting from their own companies’ shares sends a pessimistic signal. The MIT Press (1998) published an article showing that stocks following insider selling underperformed the market by 2.7%. However, these signals may not be enough to gain conviction on whether to divest. Today we will evaluate whether these decisions are bolstered by analysts’ expectations of future growth as well as recent share price movements.
See our latest analysis for ING Groep
Who Are Selling Their Shares?

Name | Management | Board | Total Annual Compensation |
---|---|---|---|
J. Timmermans | ✔ | €02.63m | |
Ralph A. J. Hamers | ✔ | €01.18m |
Is This Consistent With Future Growth?

Did Insiders Sell On Share Price Volatility?
Another factor we should consider is whether the timing of these insider transactions coincide with any significant share price movements. Volatility provides an opportunity to trade on market inefficiencies when the stock is under-priced compared to the stock’s intrinsic value. ING Groep’s shares ranged between €14.46 and €12.29 over the past three months. This suggests reasonable volatility with a change of 17.64%. This may not be large enough to warrant any significant divesting, therefore the underlying driver may be the insiders' belief of company growth prospects or simply their personal portfolio diversification needs.Next Steps:
ING Groep’s net selling activity tells us the stock has fallen out of favour with some insiders as of late, though the positive growth in expected earnings tells us a different story, and the share price movement may be too trivial to cash in on any mispricing. However, it’s important to keep in mind, insider selling may not necessarily be based on their belief of the company’s ability to perform in the future. Furthermore, while insider transactions could be a helpful signal, it is definitely not sufficient on its own to make an investment decision. I've compiled two important factors you should further research:
- Financial Health: Does ING Groep have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
- Other High Quality Alternatives : Are there other high quality stocks you could be holding instead of ING Groep? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing!
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Simply Wall St analyst Simply Wall St and Simply Wall St have no position in any of the companies mentioned. This article 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.
About ENXTAM:INGA
ING Groep
Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.
Solid track record established dividend payer.
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