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Sep 01, 2023

VRG Deputy Chair of the Supervisory Board Jan Pilch Sells 100% Of Holding

Stock Analysis Anyone interested in VRG S.A. (WSE:VRG) should probably be aware that the Deputy Chair of the Supervisory Board, Jan Pilch, recently divested zł645k worth of shares in the company, at

Stock Analysis

Anyone interested in VRG S.A. (WSE:VRG) should probably be aware that the Deputy Chair of the Supervisory Board, Jan Pilch, recently divested zł645k worth of shares in the company, at an average price of zł3.47 each. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.

Check out our latest analysis for VRG

Notably, that recent sale by Jan Pilch is the biggest insider sale of VRG shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of zł3.46. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like VRG better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 20% of VRG shares, worth about zł163m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that VRG is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 2 warning signs for VRG you should be aware of.

But note: VRG may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.

Find out whether VRG is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.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.

VRG S.A. designs, manufactures, and distributes jewelry and fashion collections for women and men in Poland and internationally.

Flawless balance sheet and good value.