Display of insider trading of Constellation Software Inc. (TSE: CSU) Net selling by insiders was conspicuous last year. This means that more shares were sold by insiders in relation to the shares that were purchased.
I don’t think shareholders should simply follow insider trading, but I think it would be foolish to completely ignore insider trading.
See the latest analysis from Constellation Software.
Constellation Software insider trading in the past year
The largest insider sale in the last 12 months came when Chief Financial Officer Jamal Baksh sold C$396,000 worth of shares at C$1,981 per share. That means the insider wanted to cash out some shares even though the stock was below his current price of $2,127 Canadian. We generally view it negatively when insiders are selling, especially if they are selling at a price lower than the current price. However, while insider selling can be disappointing, it is only a weak signal. Note that the single largest sale is Jamal Baksh’s just 7.4% of his holding. Jamal Baksh was the only individual insider to sell last year.
We can see that the insider bought 268.00 shares worth CA$522,000 last year. However, they sold his 300.00 shares for his CA$594,000. Jamal Baksh sold a total of 300.00 shares at an annual average of US$1,980. The chart below shows insider trading (by company and individual) over the past year. If you want to know exactly who sold, how much and when, click the chart below.
if you were like me you would No i want to miss this freedom A list of growth companies that insiders are buying.
Does Constellation Software boast of high insider ownership?
Many investors like to see what parts of the company are owned by insiders. We usually want to see a pretty high level of insider ownership. A Constellation Software insider owns his 7.0% of the company, which is currently valued at approximately C$3.2 billion based on recent stock prices. Most shareholders would be happy to see this kind of insider ownership as it suggests that management incentives are well aligned with other shareholders.
What can Constellation Software insider trading tell us?
It certainly doesn’t bother me that Constellation Software insider trading hasn’t happened recently. While we are happy with the high insider ownership of Constellation Software, the same cannot be said for the sale of shares.So while these insider trading can help make a paper on the stock, it’s also worth knowing the risks facing this company. two warning signs (1 is a bit offensive!) What you should know before buying Constellation Software stock.
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For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …