Big Technologies PLC (LON:BIG) recently saw some insider selling when the COO & Executive Director, Charles Lewinton, divested UK£216k worth of shares in the company. This move raised some eyebrows as it represented a 12% reduction in their holding. This sale by Charles Lewinton is actually the largest insider sale of Big Technologies shares in the past year.
It’s worth noting that insider selling can be viewed as a negative sign, especially if shares are sold at a lower price. However, in this case, the shares were sold at around the current market price of UK£1.20, which isn’t too bad, but still not necessarily a positive indicator. Over the last year, insiders have bought 245.00k shares worth UK£453k, while selling 334.35k shares for UK£469k. This indicates that insiders have overall sold more shares than they have bought in the past year.
Insider ownership of Big Technologies currently stands at 28% of the company, valued at about UK£98m based on recent share prices. This level of insider ownership can be seen as a positive sign, suggesting that management incentives are aligned with those of other shareholders.
While there has been some insider buying, the overall picture doesn’t necessarily inspire much confidence. Insiders have sold stock recently, and there are historical sales that make caution advisable. It’s important to weigh these factors carefully before deciding whether to invest in Big Technologies.
In addition to insider transactions, it’s important to consider the risks associated with investing in Big Technologies. It’s worth noting that there is a warning sign for the company, so potential investors should conduct thorough research before making any decisions.
If you’re interested in exploring other investment opportunities, you may want to take a look at a list of companies with high return on equity and low debt. Remember, insider transactions are just one factor to consider when evaluating a stock, and it’s essential to conduct a comprehensive analysis before making any investment decisions.