Even though Marechale Capital Plc (LON:MAC) has fallen by 12% over the past week , insiders who sold UK£249k worth of stock over the past year have had less luck. The average selling price of UK£0.083 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Marechale Capital Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Non-Executive Director, Chris Arthur Kenning, sold UK£249k worth of shares at a price of UK£0.083 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of UK£0.044. So it is hard to draw any strong conclusion from it. Chris Arthur Kenning was the only individual insider to sell shares in the last twelve months.
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!
View our latest analysis for Marechale Capital
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
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Marechale Capital insiders own about UK£5.3m worth of shares (which is 100% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Marechale Capital Tell Us?
It doesn't really mean much that no insider has traded Marechale Capital shares in the last quarter. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the Marechale Capital insiders selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Marechale Capital. You'd be interested to know, that we found 4 warning signs for Marechale Capital 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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