CA Sales Holdings insider Trading report

Good morning 😃🌞☀️, let’s get into it

This week, we zoom in on insider activity surrounding CAS-EQO, and in particular, a string of trades made by Duncan Lewis.

What the Data Shows

In the past 12 months, Duncan Lewis (CA Sales Holdings CEO) has made four notable trades:

• Sold shares worth P26.8 million on 16 May 2025

• Bought shares worth P2.2 million just three days later on 19 May 2025

• Bought shares worth P1 million back in October 2024

• Sold another batch worth P106,722 the day before that October purchase

At a glance, this might seem like routine portfolio balancing. But when we look deeper…

The Bigger Picture: Insider Trading Volume

A closer look at the insider trading volume tells a clearer story:

This shows that:

• Insider selling outweighs buying by more than 10 to 1 in value

• Activity has been concentrated in recent months, signaling a shift

A red flag at the bottom of the report says it plainly:

“Insider Buying: CAS-EQO insiders have sold more shares.”

What Does This Mean?

Insider selling doesn’t always mean something bad. Executives sell for many reasons—diversification, personal needs, or taxes. But when the scale of selling far exceeds buying, it can be a signal worth noting.

Especially when:

• The same insider is repeatedly offloading shares

• There’s little or no institutional buying to counterbalance it

• The sales are clustered closely together, like in May 2025

This could suggest:

• Profit-taking at a perceived high

• Doubts about short-term growth

• Or simply repositioning ahead of a possible market shift

So what are we saying?

Duncan Lewis has been making moves, but the balance leans heavily toward cashing out, not doubling down. While one recent purchase may indicate some confidence, it’s dwarfed by the volume of shares sold.

For investors watching CAS-EQO or using insider activity as part of their decision-making strategy, this pattern is a cautionary signal, not a green light.

Source: Simplywallst