Woolworths Holdings Independent Non-Executive Director Thembisa Skweyiya Sells 100% Of Holding

We'd be surprised if Woolworths Holdings Limited (JSE:WHL) shareholders haven't noticed that the Independent Non-Executive Director, Thembisa Skweyiya, recently sold R6.7m worth of stock at R1,130 per share. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.

Check out our latest analysis for Woolworths Holdings

The Last 12 Months Of Insider Transactions At Woolworths Holdings

Notably, that recent sale by Thembisa Skweyiya is the biggest insider sale of Woolworths Holdings shares that we've seen in the last year. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is R60.69. So it is hard to draw any strong conclusion from it.

Insiders in Woolworths 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!

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Insider Ownership Of Woolworths Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 0.6% of Woolworths Holdings shares, worth about R325m. 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 Does This Data Suggest About Woolworths Holdings Insiders?

An insider hasn't bought Woolworths Holdings 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. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Woolworths Holdings. At Simply Wall St, we found 2 warning signs for Woolworths Holdings that deserve your attention before buying any shares.

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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.