Despite the fact that Wynn Macau, Limited's (HKG:1128) value has dropped 14% in the last week insiders who sold HK$15m worth of stock in the past 12 months have had less success. Insiders would probably have been better off holding on to their shares given that the average selling price of HK$7.72 is still lower than the current share price.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Wynn Macau

The Last 12 Months Of Insider Transactions At Wynn Macau

Over the last year, we can see that the biggest insider sale was by the COO & Executive Director, Frederic Luvisutto, for HK$6.3m worth of shares, at about HK$7.32 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 HK$6.08. So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Frederic Luvisutto.

Frederic Luvisutto sold a total of 1.98m shares over the year at an average price of HK$7.72. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Wynn Macau better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insiders At Wynn Macau Have Sold Stock Recently

Over the last three months, we've seen significant insider selling at Wynn Macau. Specifically, COO & Executive Director Frederic Luvisutto ditched HK$6.3m worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Wynn Macau insiders own 0.2% of the company, worth about HK$64m. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Wynn Macau Insiders?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Wynn Macau. Our analysis shows 3 warning signs for Wynn Macau (2 make us uncomfortable!) and we strongly recommend you look at these before investing.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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.