WEBULL

For Rent.com.au Insiders, Selling AU$4.7m Of Shares Was A Smart Move

Simply Wall St · 1d ago

While Rent.com.au Limited (ASX:RNT) shareholders have enjoyed a good week with stock up 11%, they need remain vigilant. In spite of the relatively cheap prices, insiders made the decision to sell AU$4.7m worth of stock in the last 12 months. This could be a warning indicator of vulnerabilities in the future.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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The Last 12 Months Of Insider Transactions At Rent.com.au

Over the last year, we can see that the biggest insider sale was by the insider, Bevan Slattery, for AU$4.7m worth of shares, at about AU$0.04 per share. That means that an insider was selling shares at slightly below the current price (AU$0.072). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was 94% of Bevan Slattery's holding. Bevan Slattery was the only individual insider to sell shares in the last twelve months.

Happily, we note that in the last year insiders paid AU$1.9m for 37.78m shares. But insiders sold 117.72m shares worth AU$4.7m. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Rent.com.au

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ASX:RNT Insider Trading Volume July 28th 2026

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Have Rent.com.au Insiders Traded Recently?

We've only seen a tiny insider purchase valued at AU$2.5k, in the last three months. Looking at the net result, we don't think these recent trades shed much light on how insiders, as a group, are feeling about the company's prospects.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Rent.com.au insiders own 50% of the company, currently worth about AU$42m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Rent.com.au Tell Us?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. While we gain confidence from high insider ownership of Rent.com.au, we can't say the same about their transactions in the last year, in the absence of further purchases. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 4 warning signs for Rent.com.au (of which 1 is significant!) you should know about.

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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 of direct interests only, but not derivative transactions or indirect interests.