Investors may wish to note that the Chief Administrative Officer of Euroseas Ltd., Symeon Pariaros, recently netted US$75k from selling stock, receiving an average price of US$79.00. It wasn't a huge sale, but it did reduce their holding by 33%. This does not instill confidence.
The Last 12 Months Of Insider Transactions At Euroseas
Notably, that recent sale by Symeon Pariaros is the biggest insider sale of Euroseas shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$76.94. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
In the last year Euroseas insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
Check out our latest analysis for Euroseas
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 Euroseas
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Euroseas insiders own about US$13m worth of shares. That equates to 2.4% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About Euroseas Insiders?
An insider hasn't bought Euroseas stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. On the plus side, Euroseas makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! 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. You'd be interested to know, that we found 1 warning sign for Euroseas and we suggest you have a look.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.