18% Of This Awilco LNG Insider's Holdings Were Sold

Viewing insider transactions for Awilco LNG ASA's (OB:ALNG ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Awilco LNG

The Last 12 Months Of Insider Transactions At Awilco LNG

In the last twelve months, the biggest single sale by an insider was when the Non-Executive Director, Jon-Aksel Torgersen, sold kr779k worth of shares at a price of kr8.16 per share. So what is clear is that an insider saw fit to sell at around the current price of kr7.92. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign. The only individual insider seller over the last year was Jon-Aksel Torgersen.

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!

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Insider Ownership Of Awilco LNG

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Based on our data, Awilco LNG insiders have about 1.7% of the stock, worth approximately kr17m. But they may have an indirect interest through a corporate structure that we haven't picked up on. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At Awilco LNG Tell Us?

The fact that there have been no Awilco LNG insider transactions recently certainly doesn't bother us. Still, the insider transactions at Awilco LNG in the last 12 months are not very heartening. The modest level of insider ownership is, at least, some comfort. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Awilco LNG. At Simply Wall St, we've found that Awilco LNG has 3 warning signs (1 is concerning!) that deserve your attention before going any further with your analysis.

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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.