Yahoo Finance The CFO & Member of Management Board of Adyen N.V. (AMS:ADYEN), Ingo Uytdehaage, Just Bought 3.0% More Shares
Even if it's not a huge purchase, we think it was good to see that Ingo Uytdehaage, the CFO & Member of Management Board of Adyen N.V. (AMS:ADYEN) recently shelled out €73k to buy stock, at €10.95 per share. However, we do note that it only increased their holding by 3.0%, and it wasn't a huge purchase by absolute value, either.
See our latest analysis for Adyen
Adyen Insider Transactions Over The Last Year
Notably, that recent sale by CFO & Member of Management Board Ingo Uytdehaage was not the only time they sold Adyen shares this year. Earlier in the year, they fetched €679 per share in a -€4.5m sale. So what is clear is that an insider saw fit to sell at around the current price of €597. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
Over the last year, we can see that insiders have bought 11385 shares worth €125k. But insiders sold 29398 shares worth €19m. In total, Adyen insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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Does Adyen Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with 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. Adyen insiders own 11% of the company, currently worth about €2.0b 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.
What Might The Insider Transactions At Adyen Tell Us?
Unfortunately, there has been more insider selling of Adyen stock, than buying, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Adyen is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
Of course Adyen may not be the best stock to buy. So you may wish to see this free collection of high quality 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, but not derivative transactions.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
