Anyone interested in Prosus N.V. (AMS:PRX) should probably be aware that the Group CEO & Executive Director, Fabricio Bloisi, recently divested €264k worth of shares in the company, at an average price of €41.65 each. On the bright side, that sale was only 1.1% of their holding, so we doubt it's very meaningful, on its own.
The Last 12 Months Of Insider Transactions At Prosus
Over the last year, we can see that the biggest insider sale was by the Non-independent Non-Executive Chair, Jacobus Petrus Bekker, for €83m worth of shares, at about €53.68 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is €36.96. So it is hard to draw any strong conclusion from it.
Happily, we note that in the last year insiders paid €2.0m for 37.60k shares. But they sold 1.56m shares for €83m. Over the last year we saw more insider selling of Prosus shares, than buying. 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 Prosus
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of Prosus
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. Prosus insiders own 0.8% of the company, currently worth about €599m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Prosus Insiders?
An insider hasn't bought Prosus stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. But since Prosus is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Prosus. While conducting our analysis, we found that Prosus has 2 warning signs and it would be unwise to ignore these.
But note: Prosus 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.