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Trade Alert: The Independent Director Of HEBA Fastighets AB (publ) (STO:HEBA B), Rolf Andersson, Has Just Spent kr269k Buying Shares

Even if it's not a huge purchase, we think it was good to see that Rolf Andersson, the Independent Director of HEBA Fastighets AB (publ) (STO:HEBA B) recently shelled out kr269k to buy stock, at kr89.60 per share. However, we do note that it only increased their holding by 0.4%, and it wasn't a huge purchase by absolute value, either.

Check out our latest analysis for HEBA Fastighets

HEBA Fastighets Insider Transactions Over The Last Year

In fact, the recent purchase by Independent Director Rolf Andersson was not their only acquisition of HEBA Fastighets shares this year. They previously made an even bigger purchase of kr420k worth of shares at a price of kr84.00 per share. That means that an insider was happy to buy shares at around the current price of kr90.00. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the HEBA Fastighets insiders decided to buy shares at close to current prices.

While HEBA Fastighets insiders bought shares last year, they didn't sell. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

OM:HEBA B Recent Insider Trading, February 23rd 2020
OM:HEBA B Recent Insider Trading, February 23rd 2020

HEBA Fastighets is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of HEBA Fastighets

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. HEBA Fastighets insiders own about kr3.6b worth of shares (which is 48% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The HEBA Fastighets Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about HEBA Fastighets. One for the watchlist, at least! I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow for free.

Of course HEBA Fastighets 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.

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.

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