Insider Sellers Might Regret Selling Step One Clothing Shares at a Lower Price Than Current Market Value
Explore Step One Clothing’s Fair Values from the Community and select yours
Step One Clothing Limited’s (ASX:STP) stock price has dropped 28% in the previous week, but insiders who sold AU$28m in stock over the past year have had less luck. Insiders would probably have been better off holding on to their shares given that the average selling price of AU$1.70 is still lower than the current share price.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
