In the last year, many Softcat plc (LON:SCT) insiders sold a substantial stake in the company which may have sparked shareholders’ attention. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
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.
Check out our latest analysis for Softcat
The Last 12 Months Of Insider Transactions At Softcat
The Non-Executive Chairman, Martin Hellawell, made the biggest insider sale in the last 12 months. That single transaction was for UK£15m worth of shares at a price of UK£15.20 each. That means that an insider was selling shares at slightly below the current price (UK£17.40). As a general rule we consider it to be discouraging when…
