Whilst it may not be a huge deal, we thought it was good to see that the Atrium Ljungberg AB (publ) (STO:ATRLJ B) Chairman of the Board, Johan Ljungberg, recently bought kr775k worth of stock, for kr155 per share. That purchase might not be huge but it did increase their holding by 18%.
The Last 12 Months Of Insider Transactions At Atrium Ljungberg
In fact, the recent purchase by Johan Ljungberg was the biggest purchase of Atrium Ljungberg shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than kr149 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
In the last twelve months Atrium Ljungberg insiders were buying shares, but not selling. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Atrium Ljungberg Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Atrium Ljungberg insiders own 2.9% of the company, worth about kr553m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About Atrium Ljungberg Insiders?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Atrium Ljungberg. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Atrium Ljungberg. Every company has risks, and we've spotted 4 warning signs for Atrium Ljungberg (of which 2 can't be ignored!) you should know about.
But note: Atrium Ljungberg 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.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.