Have Insiders Sold Bidvest Group Shares Recently?
Some The Bidvest Group Limited (JSE:BVT) shareholders may be a little concerned to see that the CEO & Executive Director, Nompumelelo Madisa, recently sold a substantial R8.2m worth of stock at a price of R229 per share. That sale reduced their total holding by 15% which is hardly insignificant, but far from the worst we've seen.
Bidvest Group Insider Transactions Over The Last Year
Notably, that recent sale by Nompumelelo Madisa is the biggest insider sale of Bidvest Group shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of R223. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Bidvest Group insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Check out our latest analysis for Bidvest Group
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 Of Bidvest Group
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From looking at our data, insiders own R69m worth of Bidvest Group stock, about 0.09% of the company. We consider this fairly low insider ownership.
So What Do The Bidvest Group Insider Transactions Indicate?
Insiders sold Bidvest Group shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Bidvest Group is profitable and growing, we're not too worried by this. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bidvest Group. Every company has risks, and we've spotted 2 warning signs for Bidvest Group 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 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.