Trade Alert: CFO & Member of Management Board Of Aalberts Arno Monincx Has Sold Stock

We'd be surprised if Aalberts N.V. (AMS:AALB) shareholders haven't noticed that the CFO & Member of Management Board, Arno Monincx, recently sold €407k worth of stock at €45.22 per share. That sale was 38% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for Aalberts

The Last 12 Months Of Insider Transactions At Aalberts

The insider, Wim Pelsma, made the biggest insider sale in the last 12 months. That single transaction was for €408k worth of shares at a price of €40.80 each. That means that an insider was selling shares at slightly below the current price (€45.76). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was only 16% of Wim Pelsma's holding.

All up, insiders sold more shares in Aalberts than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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).

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. I reckon it's a good sign if insiders own a significant number of shares in the company. Aalberts insiders own 8.0% of the company, currently worth about €405m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Aalberts Insider Transactions Indicate?

An insider hasn't bought Aalberts stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 2 warning signs for Aalberts you should know about.

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 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.