53% Of This AgriFORCE Growing Systems Insider's Holdings Were Sold

Insiders were net sellers of AgriFORCE Growing Systems Ltd.'s (NASDAQ:AGRI ) stock during the past year. That is, insiders sold more stock than they bought.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for AgriFORCE Growing Systems

AgriFORCE Growing Systems Insider Transactions Over The Last Year

Notably, that recent sale by Director Ingo Mueller was not the only time they sold AgriFORCE Growing Systems shares this year. Earlier in the year, they fetched US$0.17 per share in a -US$96k sale. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$0.15. So it may not shed much light on insider confidence at current levels.

Ingo Mueller divested 750.00k shares over the last 12 months at an average price of US$0.15. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insiders At AgriFORCE Growing Systems Have Sold Stock Recently

The last quarter saw substantial insider selling of AgriFORCE Growing Systems shares. Specifically, Director Ingo Mueller ditched US$109k worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.

Does AgriFORCE Growing Systems Boast High Insider Ownership?

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. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own US$281k worth of AgriFORCE Growing Systems stock, about 4.8% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We consider this fairly low insider ownership.

What Might The Insider Transactions At AgriFORCE Growing Systems Tell Us?

An insider sold AgriFORCE Growing Systems shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. We'd certainly practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing AgriFORCE Growing Systems. When we did our research, we found 7 warning signs for AgriFORCE Growing Systems (6 are a bit concerning!) that we believe deserve your full attention.

Of course AgriFORCE Growing Systems 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, but not derivative transactions.

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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.