Anyone interested in GDEV Inc. (NASDAQ:GDEV) should probably be aware that the Independent Director, Marie Juliette Holive, recently divested US$143k worth of shares in the company, at an average price of US$13.45 each. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.

The Last 12 Months Of Insider Transactions At GDEV

Notably, that recent sale by Marie Juliette Holive is the biggest insider sale of GDEV shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$12.70. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

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 GDEV better if I see some big insider buys.

Does GDEV Boast High Insider Ownership?

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. GDEV insiders own 46% of the company, currently worth about US$106m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The GDEV Insider Transactions Indicate?

An insider sold GDEV shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. On the plus side, GDEV makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing.

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.

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.