According to our data, Robin William Buchanan’s recent sale of LyondellBasell Industries shares was the largest selling by an insider person in the previous year. That suggests an insider was selling shares for less than the current price (US$101). As a general rule, we find it disappointing when insiders sell below the current price since it implies they are OK with the lower valuation. Please keep in mind, however, that sellers may be selling for a variety of reasons, so we don’t know exactly what they think of the stock price. We observe that the largest single sale was 63% of Robin William Buchanan’s holdings.
An insider recently sold LyondellBasell Industries shares, but no one bought them. Our data over the previous twelve months shows no insider purchase. Insider ownership is not exceptionally high, thus this study makes us wary of the firm. We’d be cautious before buying! In addition to understanding about insider transactions, it is important to understand the dangers that LyondellBasell Industries faces. For example, we identified four danger signals for LyondellBasell Industries that you should be aware of.