One Terna Energy Societe Anonyme Commercial Technical Company (ATH:TENERGY) insider reduced their stake by 5.1% in the previous year
Looking at Terna Energy Societe Anonyme Commercial Technical Company’s (ATH:TENERGY ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Terna Energy Societe Anonyme Commercial Technical
Terna Energy Societe Anonyme Commercial Technical Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Executive Chairman of the Board, Goergios Peristeris, sold €8.5m worth of shares at a price of €13.00 per share. That means that even when the share price was below the current price of €17.94, an insider wanted to cash in some shares. 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. However, while insider selling is sometimes discouraging, it’s only a weak signal. We note that the biggest single sale was only 5.1% of Goergios Peristeris’s holding. The only individual insider seller over the last year was Goergios Peristeris.
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!
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).
Insider Ownership of Terna Energy Societe Anonyme Commercial Technical
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It’s great to see that Terna Energy Societe Anonyme Commercial Technical insiders own 17% of the company, worth about €342m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About Terna Energy Societe Anonyme Commercial Technical Insiders?
The fact that there have been no Terna Energy Societe Anonyme Commercial Technical insider transactions recently certainly doesn’t bother us. It’s great to see high levels of insider ownership, but looking back over the last year, we don’t gain confidence from the Terna Energy Societe Anonyme Commercial Technical insiders selling. So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks that a particular company is facing. For example, Terna Energy Societe Anonyme Commercial Technical has 2 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
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.