Some Endeavour Mining plc (TSE:EDV) shareholders may be a little concerned to see that the Executive Vice President of Public Affairs, Pascal Bernasconi, recently sold a substantial CA$984k worth of stock at a price of CA$32.81 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 61% of their entire holding.
Check out our latest analysis for Endeavour Mining
Endeavour Mining Insider Transactions Over The Last Year
In fact, the recent sale by Executive Vice President of Public Affairs Pascal Bernasconi was not their only sale of Endeavour Mining shares this year. They previously made an even bigger sale of -CA$1.6m worth of shares at a price of CA$31.09 per share. That means that an insider was selling shares at slightly below the current price (CA$32.14). When an insider sells below the current price, it suggests that they considered that lower price to be…
