Highlights
- Insiders at ASX:COS were net sellers over the past year.
- Significant insider ownership at COSOL Limited suggests alignment with shareholders.
- Last 12 months saw notable sale by Benjamin Buckley.
It has been observed that insiders at COSOL Limited (ASX:COS) sold more shares than they purchased over the last year. While insider transactions are just one piece of the puzzle for investors, they can provide useful insights into the company’s internal sentiment.
The Last 12 Months of Insider Transactions at COSOL
In the past 12 months, the most significant insider sale at COSOL was by Benjamin Buckley, who sold shares worth AU$138,000 at AU$0.92 per share. This transaction occurred at roughly the current market price, which mitigates some concerns but still raises a flag. Benjamin Buckley was the only insider to sell shares in the last year.
You can access a visual representation of these transactions, including details on share prices and dates.
Insider Ownership
Insider ownership in a company provides a glimpse into how well-aligned the interests of the management are with those of the shareholders. COSOL insiders hold approximately AU$83 million in shares, accounting for 50% of the company, which generally boosts the likelihood that the company is managed in favor of all shareholders.
What Do COSOL's Insider Transactions Indicate?
Though there have been no insider transactions recorded in the last three months, the substantial insider ownership remains a comforting sign of alignment with shareholders. Nonetheless, the net selling trend over the past year could indicate a cautious stance from those within the company.
Those interested might want to explore whether COSOL will grow in the future, bearing in mind it's wise to explore other companies with high ROE and low debt. Analysts’ forecasts might provide further insights into potential growth trajectories.