Some Super Group (SGHC) Limited (NYSE:SGHC) shareholders may be a little concerned to see that the Chief of Staff, Kirsty Ross, recently sold a substantial US$582k worth of stock at a price of US$13.03 per share. That sale reduced their total holding by 46% which is hardly insignificant, but far from the worst we've seen.

Super Group (SGHC) Insider Transactions Over The Last Year

In fact, the recent sale by Kirsty Ross was the biggest sale of Super Group (SGHC) shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was below the current price of US$13.74, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 46% of Kirsty Ross's holding.

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 Super Group (SGHC) better if I see some big insider buys.

Does Super Group (SGHC) Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Super Group (SGHC) insiders own about US$207m worth of shares (which is 2.9% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Super Group (SGHC) Tell Us?

An insider sold Super Group (SGHC) shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. On the plus side, Super Group (SGHC) makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Super Group (SGHC).

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.