Nasdaq
华尔街日报Insiders Sold Wildcat Petroleum Prematurely At UK£0.0009 With Stock Trading Higher
Despite the fact that Wildcat Petroleum Plc's (LON:WCAT) value has dropped 15% in the last week insiders who sold UK£42k worth of stock in the past 12 months have had less success. Insiders would probably have been better off holding on to their shares given that the average selling price of UK£0.0009 is still lower than the current share price.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
The Last 12 Months Of Insider Transactions At Wildcat Petroleum
Over the last year, we can see that the biggest insider sale was by the Founder & Chairman, Mandhir Singh, for UK£42k worth of shares, at about UK£0.0009 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of UK£0.00055. So it is hard to draw any strong conclusion from it. Mandhir Singh was the only individual insider to sell shares in the last twelve months. Notably Mandhir Singh was also the biggest buyer, having purchased UK£41k worth of shares.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for Wildcat Petroleum
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
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. Wildcat Petroleum insiders own 58% of the company, currently worth about UK£955k based on the recent share price. 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 Wildcat Petroleum Insiders?
The fact that there have been no Wildcat Petroleum insider transactions recently certainly doesn't bother us. While we feel good about high insider ownership of Wildcat Petroleum, we can't say the same about the selling of shares. 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. At Simply Wall St, we found 4 warning signs for Wildcat Petroleum that deserve your attention before buying any shares.
But note: Wildcat Petroleum may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 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.