Have Insiders Sold Fugro Shares Recently?

Anyone interested in Fugro N.V. (AMS:FUR) should probably be aware that the Chairman of Management Board & CEO, Mark Rembold Heine, recently divested €248k worth of shares in the company, at an average price of €13.75 each. However, the silver lining is that the sale only reduced their total holding by 3.9%, so we're hesitant to read anything much into it, on its own.

See our latest analysis for Fugro

The Last 12 Months Of Insider Transactions At Fugro

In fact, the recent sale by Mark Rembold Heine was the biggest sale of Fugro shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was below the current price of €14.44, an insider wanted to cash in some shares. 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. This single sale was just 3.9% of Mark Rembold Heine's stake.

Over the last year, we can see that insiders have bought 13.66k shares worth €263k. But they sold 18.00k shares for €248k. In total, Fugro insiders bought more than they sold over the last year. The average buy price was around €19.25. These transactions suggest that insiders have considered the current price attractive. 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!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Fugro Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Fugro insiders own about €7.8m worth of shares (which is 0.5% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Fugro Insider Transactions Indicate?

An insider sold Fugro shares recently, but they didn't buy any. In contrast, they appear keener if you look at the last twelve months. But insiders own relatively little of the company, from what we can see. So overall it's hard to argue insiders are bullish. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 1 warning sign for Fugro you should know about.

Of course Fugro may not be the best stock to buy. So you may wish to see this free collection of high quality 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.