Insiders at Terna Energy Societe Anonyme Commercial Technical Company (ATH:TENERGY) who sold 84 million euros worth of shares earlier this year are likely glad they did as market capitalization slips to 1.4 billion euros

Insiders to Terna Energy Limited Company Commercial Technical Company (ATH:TENERGY) sold €84 million worth of shares at an average price of €13.00 per share over the past year, making the most of their investment. The company’s market capitalization plunged 46 million euros after prices fell 3.1% last week, but insiders were able to limit their loss to some extent.

While insider trading isn’t the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider trading altogether.

Check out our latest analysis for Terna Energy Societe Anonyme Commercial Technical

The last 12 months of insider trading at Terna Energy Societe Anonyme Commercial Technical

Over the past year, we can see that the largest insider sale was by Executive Chairman of the Board, Goergios Peristeris, for 46 million euros of shares, at around 13.00 € per share. So we know that an insider sold shares at around the current share price of €12.54. We usually don’t like insider selling, but the lower the selling price, the more we’re concerned about it. Given that the sale took place roughly at current prices, this makes us a little cautious but is hardly a major concern. The only individual insider seller in the last year was Goergios Peristeris.

Goergios Peristeris gave up 6.48 million shares during the year. The average price per share was €13.00. You can see insider trading (by companies and individuals) over the past year illustrated in the table below. If you click on the chart, you can see all individual trades including stock price, individual and date!

ATSE:TENERGY Insider Trading Volume February 25, 2022

If you’re like me, then you do not want to miss this free list of growing companies insiders are buying.

Insider ownership of Terna Energy Société Anonyme Commercial Technique

Many investors like to check how much a company is owned by insiders. We generally like to see fairly high levels of insider ownership. Terna Energy Société Anonyme Commercial Technical insiders own 17% of the company, currently worth approximately 239 million euros based on recent share price. I like to see this level of insider ownership because it increases the chances that management is thinking about the best interests of shareholders.

What could insider trading tell us at Terna Energy Societe Anonyme Commercial Technical?

It doesn’t mean much that no insider has traded Terna Energy Societe Anonyme Commercial Technical shares in the last quarter. It’s encouraging to see that insiders own a lot of shares, but we’d like to see more insider buying, as the last year of Terna Energy Societe Anonyme Commercial technical insider trading doesn’t fill us with confidence. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. In terms of investment risks, we have identified 1 warning sign with Terna Energy Societe Anonyme Commercial Technique and understanding it should be part of your investment process.

Sure, you might find a fantastic investment by looking elsewhere. So take a look at this free list of interesting companies.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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