Stock Analysis

17% Of This Fugro Insider's Holdings Were Sold

Published
ENXTAM:FUR

Looking at Fugro N.V.'s (AMS:FUR ) 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.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Fugro

The Last 12 Months Of Insider Transactions At Fugro

Over the last year, we can see that the biggest insider sale was by the Chairman of Management Board & CEO, Mark Rembold Heine, for €712k worth of shares, at about €20.95 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of €22.96. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. 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. It is worth noting that this sale was only 17% of Mark Rembold Heine's holding. The only individual insider seller over the last year was Mark Rembold Heine.

Over the last year, we can see that insiders have bought 21.16k shares worth €401k. But they sold 34.00k shares for €712k. 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!

ENXTAM:FUR Insider Trading Volume June 26th 2024

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insiders At Fugro Have Bought Stock Recently

Over the last three months, we've seen significant insider buying at Fugro. Specifically, Independent Member of Supervisory Board Antonio Jose Meija bought €139k worth of shares in that time, and we didn't record any sales whatsoever. This is a positive in our book as it implies some confidence.

Does Fugro 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. Insiders own 0.3% of Fugro shares, worth about €8.2m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The Fugro Insider Transactions Indicate?

The recent insider purchase is heartening. But we can't say the same for the transactions over the last 12 months. We're not thrilled with the relatively low insider ownership and the longer term transaction history. But we like the recent purchasing. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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.