By selling Cohort plc (LON: CHRT) stock at an average selling price of £ 6.13 last year, insiders appeared to have made the most of their holdings. The company’s market value fell by £ 25 million after its share price fell 10.0% last week, but insiders were able to mitigate their losses.
While we would never suggest that investors base their decisions solely on the actions of a company’s directors, it is logical that they should be careful about whether insiders are buying or selling stocks.
See our latest analysis for cohort
Cohort insider deals last year
Last year we saw that the largest insider sale by CEO Nicholas Perst was for £ 1.8 million shares (approximately £ 6.15 per share). We generally hate insider sales, but the lower the selling price, the more worried we are. The silver lining is that this sell-off was above last price (UK £ 5.40). So it may not shed much light on insider confidence at its current level.
Fortunately, insiders paid £ 62,000 for 11.20,000 shares last year. On the other hand, they sold 295.80 thousand shares for 1.8 million British pounds. Overall, insiders have sold more shares of Cohort than they bought in the past year. You can see insider transactions (by companies and individuals) over the past year in the graph below. If you click on the graphic below, you can see the exact details of every insider transaction!
If you’re buying stocks that insiders are buying instead of selling, then maybe you will love this for free List of companies. (Note: Insiders bought them).
Have Cohort Insiders Traded Lately?
There have been few inside purchases worth £ 2.2,000 in the past three months. Looking at net income, we don’t think these recent trades reveal much about how insiders as a group view the company’s prospects.
Does cohort have high insider ownership?
For a common stockholder, it is worth checking how many shares are held by company insiders. I think it’s a good sign when insiders own a significant number of shares in the company. Insiders own 28% of Cohort’s stock, valued at approximately £ 61 million. We have certainly seen higher levels of insider ownership elsewhere, but these holdings are sufficient to suggest a match between insiders and the other shareholders.
What could Cohort’s insider deals tell us?
We note that there has been some insider buying (but no sales) lately. Overall, it’s not worth writing about home buying. Still, Cohort’s insider trading over the past 12 months has not been very encouraging. But it’s good to see insiders own shares in the company. While we like to know what happens to insiders’ property and transactions, we make sure we also consider the risks a stock is exposed to before making any investment decision. We found it at Simply Wall Street 2 warning signs for cohort that deserve your attention before buying stocks.
But be careful: Cohort may not be the best stock to buy. So check this out for free List of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently account for open market transactions and private dispositions, but no derivative transactions.
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This article from Simply Wall St is of a general nature. We only provide comments based on historical data and analyst projections using an unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. Our goal is to provide you with long-term, focused analysis based on fundamentals. Note that our analysis may not take into account the latest company announcements or quality material, which may be sensitive to the price. Simply Wall St has no position in any of the stocks mentioned.