Several Brunel International Insiders Sell Shares Sending Potential Negative Signal

Brunel International N.V. (AMS:BRNL) shareholders might have a reason to worry after multiple insiders sold their shares over the last year. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.

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.

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Brunel International Insider Transactions Over The Last Year

The CEO, CFO & Director, P.A. de Laat, made the biggest insider sale in the last 12 months. That single transaction was for €155k worth of shares at a price of €10.36 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is €9.21. So it may not tell us anything about how insiders feel about the current share price. Notably P.A. de Laat was also the biggest buyer, having purchased €104k worth of shares.

In total, Brunel International insiders sold more than they bought over the last year. 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!

View our latest analysis for Brunel International

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Insiders At Brunel International Have Sold Stock Recently

We've seen more insider selling than insider buying at Brunel International recently. In that time, CEO, CFO & Director P.A. de Laat dumped €155k worth of shares. On the other hand we note CEO, CFO & Director P.A. de Laat bought €104k worth of shares , as previously mentioned . Because the selling vastly outweighs the buying, we'd say this is a somewhat bearish sign.

Insider Ownership Of Brunel International

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. Brunel International insiders own about €293m worth of shares (which is 63% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Brunel International Insider Transactions Indicate?

The stark truth for Brunel International is that there has been more insider selling than insider buying in the last three months. Zooming out, the longer term picture doesn't give us much comfort. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Brunel International. You'd be interested to know, that we found 2 warning signs for Brunel International and we suggest you have a look.

But note: Brunel International may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.