Subsea 7 Non-Executive Director Jean Cahuzac Sells 38% Of Holding

Some Subsea 7 S.A. (OB:SUBC) shareholders may be a little concerned to see that the Non-Executive Director, Jean Cahuzac, recently sold a substantial kr14m worth of stock at a price of kr184 per share. That's a big disposal, and it decreased their holding size by 38%, which is notable but not too bad.

See our latest analysis for Subsea 7

The Last 12 Months Of Insider Transactions At Subsea 7

In fact, the recent sale by Jean Cahuzac was the biggest sale of Subsea 7 shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at slightly below the current price (kr188). 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. 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 38% of Jean Cahuzac's holding.

Insiders in Subsea 7 didn't buy any shares in the last year. 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!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership Of Subsea 7

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.1% of Subsea 7 shares, worth about kr74m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Subsea 7 Tell Us?

Insiders haven't bought Subsea 7 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. But since Subsea 7 is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Subsea 7. While conducting our analysis, we found that Subsea 7 has 2 warning signs and it would be unwise to ignore them.

Of course Subsea 7 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.