Expro Group Holdings Insiders Sell US$889k Of Stock, Possibly Signalling Caution

Quite a few Expro Group Holdings N.V. (NYSE:XPRO) insiders sold their shares over the past year, which may be a cause for concern. 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.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Expro Group Holdings

Expro Group Holdings Insider Transactions Over The Last Year

The Non-Executive Chairman of the Board, Michael Kearney, made the biggest insider sale in the last 12 months. That single transaction was for US$372k worth of shares at a price of US$24.16 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$19.27. So it may not tell us anything about how insiders feel about the current share price.

Insiders in Expro Group Holdings 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 want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Expro Group Holdings better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does Expro Group Holdings Boast High 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that Expro Group Holdings insiders own about US$7.7m worth of shares (which is 0.4% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Expro Group Holdings Insider Transactions Indicate?

The fact that there have been no Expro Group Holdings insider transactions recently certainly doesn't bother us. Our analysis of Expro Group Holdings insider transactions leaves us unenthusiastic. And usually insiders own more stock in the company, according to our data. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Expro Group Holdings.

Of course Expro Group Holdings 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.