We wouldn't blame Scorpio Tankers Inc. (NYSE:STNG) shareholders if they were a little worried about the fact that Marianne Okland, the Independent Director recently netted about US$18b selling shares at an average price of US$1,230,435. That's a big disposal, and it decreased their holding size by 19%, which is notable but not too bad.

The Last 12 Months Of Insider Transactions At Scorpio Tankers

In fact, the recent sale by Marianne Okland was the biggest sale of Scorpio Tankers shares made by an insider individual in the last twelve months, according to our records. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of US$72.58. So it may not shed much light on insider confidence at current levels.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Scorpio Tankers

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. Scorpio Tankers insiders own about US$257m worth of shares (which is 7.7% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Scorpio Tankers Tell Us?

An insider sold Scorpio Tankers shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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.

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.

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.