Whilst it may not be a huge deal, we thought it was good to see that the Wallenstam AB (publ) (STO:WALL B) CFO, Head of Investor Relations & Finance Director, Susann Linde, recently bought kr104k worth of stock, for kr103 per share. However, we do note that it only increased their holding by 0.8%, and it wasn't a huge purchase by absolute value, either.
The Last 12 Months Of Insider Transactions At Wallenstam
The Director, Anders Berntsson, made the biggest insider sale in the last 12 months. That single transaction was for kr79m worth of shares at a price of kr100 each. That means that an insider was selling shares at slightly below the current price (kr106). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was only 4.0% of Anders Berntsson's holding. Anders Berntsson was the only individual insider to sell over the last year.
Over the last year, we can see that insiders have bought 3000 shares worth kr294k. On the other hand they divested 800000 shares, for kr79m. You can see a visual depiction of insider transactions (by 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!
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Does Wallenstam Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Wallenstam insiders own 27% of the company, currently worth about kr9.1b 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.
So What Does This Data Suggest About Wallenstam Insiders?
It's certainly positive to see the recent insider purchases. But we can't say the same for the transactions over the last 12 months. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Wallenstam insiders are reasonably well aligned, and optimistic for the future. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Wallenstam.
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.
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 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. Thank you for reading.