Even if it's not a huge purchase, we think it was good to see that Magnus Eriksson, the Executive VP of Ework Group AB (publ) (STO:EWRK) recently shelled out kr105k to buy stock, at kr70.07 per share. That might not be a big purchase but it only increased their holding by 1.9%, and could be interpreted as a good sign.
Ework Group Insider Transactions Over The Last Year
While no particular insider transaction stood out, we can still look at the overall trading.
Over the last year, we can see that insiders have bought 1704 shares worth kr120k. But they sold 2500 for kr197k. In total, Ework Group insiders sold more than they bought over the last year. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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Insider Ownership of Ework Group
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 4.6% of Ework Group shares, worth about kr54m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
What Might The Insider Transactions At Ework Group Tell Us?
Our data shows a little insider buying, but no selling, in the last three months. The net investment is not enough to encourage us much. We're a little cautious about the insider selling at Ework Group. But we do like the fact that insiders own a fair chunk of the company. Of course, the future is what matters most. So if you are interested in Ework Group, you should check out this free report on analyst forecasts for the company.
Of course Ework Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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.
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.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. 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. Thank you for reading.