Trade Alert: The Senior VP Of AB Electrolux (publ) (STO:ELUX B), Mikael Östman, Has Sold Some Shares Recently
We'd be surprised if AB Electrolux (publ) (STO:ELUX B) shareholders haven't noticed that the Senior VP, Mikael Östman, recently sold kr1.5m worth of stock at kr256 per share. In particular, we note that the sale equated to a 59% reduction in their position size, which doesn't exactly instill confidence.
View our latest analysis for AB Electrolux
AB Electrolux Insider Transactions Over The Last Year
President Jonas Samuelson made the biggest insider purchase in the last 12 months. That single transaction was for kr9.1m worth of shares at a price of kr235 each. That means that an insider was happy to buy shares at around the current price of kr266. 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 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. Happily, the AB Electrolux insiders decided to buy shares at close to current prices. We note that Jonas Samuelson was both the biggest buyer and the biggest seller.
Happily, we note that in the last year insiders paid kr29m for 124543 shares. But they sold 80571 for kr19m. In the last twelve months there was more buying than selling by AB Electrolux insiders. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 0.09% of AB Electrolux shares, worth about kr72m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Does This Data Suggest About AB Electrolux Insiders?
Unfortunately, there has been more insider selling of AB Electrolux stock, than buying, in the last three months. On the other hand, the insider transactions over the last year are encouraging. And insiders do own shares. So we're not overly bothered by recent selling. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for AB Electrolux.
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 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. Thank you for reading.
