Insiders Sold Experience Co At AU$0.19, Meanwhile Stock Sits Near AU$0.16

Simply Wall St.05-07

Despite the fact that Experience Co Limited's (ASX:EXP) value has dropped 14% in the last week insiders who sold AU$327k worth of stock in the past 12 months have had less success. The average ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2433522857?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/4213000-choice1-main-header/1585186783164","is_english":true,"pubTime":"2024-05-07 05:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2433522857","market":"nz","top_or_hot":-1,"title":"Insiders Sold Experience Co At AU$0.19, Meanwhile Stock Sits Near AU$0.16","media":"Simply Wall St.","content":"<div>\n<p>Despite the fact that Experience Co Limited's (ASX:EXP) value has dropped 14% in the last week insiders who sold AU$327k worth of stock in the past 12 months have had less success.  The average ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/consumer-services/asx-exp/experience-co-shares/news/insiders-sold-experience-co-at-au019-meanwhile-stock-sits-ne\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Insiders Sold Experience Co At AU$0.19, Meanwhile Stock Sits Near AU$0.16</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInsiders Sold Experience Co At AU$0.19, Meanwhile Stock Sits Near AU$0.16\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-07 05:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/au/consumer-services/asx-exp/experience-co-shares/news/insiders-sold-experience-co-at-au019-meanwhile-stock-sits-ne><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite the fact that Experience Co Limited's (ASX:EXP) value has dropped 14% in the last week insiders who sold AU$327k worth of stock in the past 12 months have had less success.  The average ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/consumer-services/asx-exp/experience-co-shares/news/insiders-sold-experience-co-at-au019-meanwhile-stock-sits-ne\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EXP","symbol_name":"Eagle Materials Inc","start_time":0,"source_url":"https://simplywall.st/stocks/au/consumer-services/asx-exp/experience-co-shares/news/insiders-sold-experience-co-at-au019-meanwhile-stock-sits-ne","article_id":"2433522857","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/4213000-choice1-main-header/1585186783164"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433522857","pubTimestamp":1715030634,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Despite the fact that Experience Co Limited's (ASX:EXP) value has dropped 14% in the last week insiders who sold...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"EXP":"Eagle Materials Inc","EXP.AU":"EXPERIENCE CO LTD","BK4011":"建筑材料","BK7146":"消闲设施","BK4561":"索罗斯持仓","IE00B64QTZ34.USD":"NEUBERGER BERMAN US SMALL CAP \"A\" (USD) ACC"},"translate_title":"内部人士以0.19澳元卖出Experience Co，同时股票接近0.16澳元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EXP.AU":1,"EXP":0.9},"content_text":"Despite the fact that Experience Co Limited's (ASX:EXP) value has dropped 14% in the last week insiders who sold AU$327k worth of stock in the past 12 months have had less success.  The average selling price of AU$0.19 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.     Although we don't think shareholders should simply follow insider transactions,  we do think it is perfectly logical to keep tabs on what insiders are doing.   See our latest analysis for Experience Co  The Last 12 Months Of Insider Transactions At Experience Co   Over the last year, we can see that the biggest insider sale was by the Founder & Non-Executive Director, Anthony Boucaut, for AU$191k worth of shares, at about AU$0.21 per share.   While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price.  It's of some comfort that this sale was conducted at a price well above the current share price, which is AU$0.16.  So it may not tell us anything about how insiders feel about the current share price.    Anthony Boucaut was the only individual insider to sell shares in the last twelve months.    Notably Anthony Boucaut was also the biggest buyer, having purchased AU$4.1k worth of shares.     Anthony Boucaut sold a total of 1.72m shares over the year at an average price of AU$0.19.   You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below.  If you want to know exactly who sold, for how much, and when, simply click on the graph below! ASX:EXP Insider Trading Volume May 6th 2024 If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).   Insiders At Experience Co Have Sold Stock Recently   We have seen a bit of insider selling at Experience Co, over the last three months.     Founder & Non-Executive Director  Anthony Boucaut  sold just AU$74k worth of shares in that time.  Neither the lack of buying nor the presence of selling is heartening.  But the volume sold is so low that it really doesn't bother us.     Insider Ownership Of Experience Co  Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own.  Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term.   It appears that Experience Co insiders own 25% of the company, worth about AU$30m.  We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.   So What Does This Data Suggest About Experience Co Insiders?  An insider hasn't  bought Experience Co stock in the last three months, but there was some selling.     Despite some insider buying, the longer term picture doesn't make us feel much more positive.    Insiders own shares, but we're still pretty cautious, given the history of sales.  So we'd only buy after careful consideration.      So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company.    In terms of investment risks, we've identified 1 warning sign with Experience Co and understanding it should be part of your investment process.   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.Valuation is complex, but we're helping make it simple.Find out whether Experience Co is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2433522857"}