Some Regal Partners Limited (ASX:RPL) shareholders may be a little concerned to see that the CEO, MD & Director, Brendan O’Connor, recently sold a substantial AU$3.4m worth of stock at a price of AU$2.83 per share. That's a big disposal, and it decreased their holding size by 13%, which is notable but not too bad.

Check out our latest analysis for Regal Partners

The Last 12 Months Of Insider Transactions At Regal Partners

In the last twelve months, the biggest single sale by an insider was when the insider, Robert Luciano, sold AU$32m worth of shares at a price of AU$3.22 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is AU$2.78. So it may not tell us anything about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid AU$265k for 74.35k shares. On the other hand they divested 15.64m shares, for AU$52m. In total, Regal Partners insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Regal Partners better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Regal Partners Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Regal Partners insiders own 41% of the company, currently worth about AU$385m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Regal Partners Insiders?

The insider sales have outweighed the insider buying, at Regal Partners, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Regal Partners is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 3 warning signs (1 shouldn't be ignored!) that you ought to be aware of before buying any shares in Regal Partners.

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.

Have 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.