Investors may wish to note that the Chief Medical Officer of Replimune Group, Inc., Konstantinos Xynos, recently netted US$80k from selling stock, receiving an average price of US$10.92. It wasn't a huge sale, but it did reduce their holding by 13%. This does not instill confidence.
Check out our latest analysis for Replimune Group
The Last 12 Months Of Insider Transactions At Replimune Group
In the last twelve months, the biggest single sale by an insider was when the CEO & Director, Philip Astley-Sparke, sold US$323k worth of shares at a price of US$18.05 per share. 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$10.40. So it may not shed much light on insider confidence at current levels.
Insiders in Replimune Group 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. By clicking on the graph below, you can see the precise details of each insider transaction!
I will like Replimune Group better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insider Ownership Of Replimune Group
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 Replimune Group insiders own 6.9% of the company, worth about US$42m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Do The Replimune Group Insider Transactions Indicate?
Insiders haven't bought Replimune Group stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Be aware that Replimune Group is showing 3 warning signs in our investment analysis, and 1 of those is significant...
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.
About NasdaqGS:REPL
Replimune Group
A clinical-stage biotechnology company, focuses on the development of oncolytic immunotherapies to treat cancer.
Excellent balance sheet moderate.