The Chairman of Tradehold Limited (JSE:TDH), Christoffel F. Wiese, Just Sold 100% Of Their Holding

Investors may wish to note that the Chairman of Tradehold Limited, Christoffel F. Wiese, recently netted R220k from selling stock, receiving an average price of R8.07. That might not be a huge sum but it was 100% of their personal holding, so we find it a little discouraging.

See our latest analysis for Tradehold

Tradehold Insider Transactions Over The Last Year

In fact, the recent sale by Christoffel F. Wiese was the biggest sale of Tradehold shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below the current price (R8.10). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was 100% of Christoffel F. Wiese's holding.

Over the last year, we can see that insiders have bought 34.65k shares worth R336k. But insiders sold 27.21k shares worth R220k. In total, Tradehold insiders bought more than they sold over 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!

Tradehold is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

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. From looking at our data, insiders own R39m worth of Tradehold stock, about 1.9% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. We consider this fairly low insider ownership.

What Might The Insider Transactions At Tradehold Tell Us?

An insider sold stock recently, but they haven't been buying. On the other hand, the insider transactions over the last year are encouraging. It's good to see insiders are shareholders. So the recent selling doesn't worry us too much. 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. Our analysis shows 4 warning signs for Tradehold (2 are concerning!) and we strongly recommend you look at these before investing.

Of course Tradehold 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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