Insiders Relieved After Selling Trade Window Holdings With 10% Price Dip

By selling NZ$92k worth of Trade Window Holdings Limited (NZSE:TWL) stock at an average sell price of NZ$0.13 over the last year, insiders seemed to have made the most of their holdings. The company's market worth decreased by NZ$2.8m over the past week after the stock price dropped 10%, although insiders were able to minimize their losses

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Trade Window Holdings

Trade Window Holdings Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Founder, Albertus Smith, sold NZ$84k worth of shares at a price of NZ$0.39 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (NZ$0.21). So it is hard to draw any strong conclusion from it. Notably Albertus Smith was also the biggest buyer, having purchased NZ$1.7k worth of shares.

All up, insiders sold more shares in Trade Window Holdings than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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 Trade Window Holdings

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. We usually like to see fairly high levels of insider ownership. It appears that Trade Window Holdings insiders own 25% of the company, worth about NZ$7.0m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Trade Window Holdings Insiders?

It doesn't really mean much that no insider has traded Trade Window Holdings shares in the last quarter. We don't take much encouragement from the transactions by Trade Window Holdings insiders. But it's good to see that insiders own shares in the company. 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. To that end, you should learn about the 5 warning signs we've spotted with Trade Window Holdings (including 2 which are a bit concerning).

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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.