Magnus Svensson Just Bought Shares In Svenska Cellulosa Aktiebolaget SCA (publ) (STO:SCA B)
Whilst it may not be a huge deal, we thought it was good to see that Magnus Svensson, who is a company insider, recently bought kr202k worth of stock, for kr91.65 per share. However, we do note that it only increased their holding by 3.5%, and it wasn't a huge purchase by absolute value, either.
See our latest analysis for Svenska Cellulosa Aktiebolaget
The Last 12 Months Of Insider Transactions At Svenska Cellulosa Aktiebolaget
President Ulf Larsson made the biggest insider purchase in the last 12 months. That single transaction was for kr1.2m worth of shares at a price of kr80.70 each. So it's clear an insider wanted to buy, at around the current price, which is kr94.18. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Svenska Cellulosa Aktiebolaget share holders is that insiders were buying at near the current price.
While Svenska Cellulosa Aktiebolaget insiders bought shares last year, they didn't sell. You can see the insider transactions (by individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
Svenska Cellulosa Aktiebolaget is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership
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. From looking at our data, insiders own kr33m worth of Svenska Cellulosa Aktiebolaget stock, about 0.05% of the company. We prefer to see high levels of insider ownership.
So What Do The Svenska Cellulosa Aktiebolaget Insider Transactions Indicate?
It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Svenska Cellulosa Aktiebolaget shares, given these transactions (along with notable insider ownership of the company). While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 3 warning signs for Svenska Cellulosa Aktiebolaget you should be aware of, and 2 of these are potentially serious.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.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.
