Coca-Cola Europacific Partners Insider Lowered Holding By 16% During Last Year

From what we can see, insiders were net sellers in Coca-Cola Europacific Partners PLC's (AMS:CCEP ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.

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.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

The Last 12 Months Of Insider Transactions At Coca-Cola Europacific Partners

The CEO & Executive Director, Damian Gammell, made the biggest insider sale in the last 12 months. That single transaction was for €7.8m worth of shares at a price of €78.45 each. That means that an insider was selling shares at around the current price of €76.90. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Damian Gammell was the only individual insider to sell shares in the last twelve months.

Damian Gammell divested 156.74k shares over the last 12 months at an average price of €76.21. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Coca-Cola Europacific Partners

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 Coca-Cola Europacific Partners Have Sold Stock Recently

Over the last three months, we've seen significant insider selling at Coca-Cola Europacific Partners. In total, CEO & Executive Director Damian Gammell dumped €7.8m worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.2% of Coca-Cola Europacific Partners shares, worth about €65m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Coca-Cola Europacific Partners Insider Transactions Indicate?

An insider hasn't bought Coca-Cola Europacific Partners stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Coca-Cola Europacific Partners. In terms of investment risks, we've identified 3 warning signs with Coca-Cola Europacific Partners and understanding these should be part of your investment process.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.