Some Endeavour Mining plc (TSE:EDV) shareholders may be a little concerned to see that insider Pascal Bernasconi recently sold a substantial CA$1.1m worth of stock at a price of CA$31.08 per share. That sale reduced their total holding by 26% which is hardly insignificant, but far from the worst we’ve seen.
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The Last 12 Months Of Insider Transactions At Endeavour Mining
The President, Sebastien de Montessus, made the biggest insider sale in the last 12 months. That single transaction was for CA$6.3m worth of shares at a price of CA$36.27 each. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of CA$30.05. So it may not tell us anything about how insiders feel about the current share price.
Endeavour Mining insiders didn’t buy any shares over…
