An Insider At Elekta Lowered Their Holding Recently

Viewing insider transactions for Elekta AB (publ)'s (STO:EKTA B ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Elekta

Elekta Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Founder & Chairman, Laurent Leksell, sold kr60m worth of shares at a price of kr75.00 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of kr77.15. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. 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. It is worth noting that this sale was only 9.2% of Laurent Leksell's holding. Laurent Leksell was the only individual insider to sell shares in the last twelve months.

In the last twelve months insiders purchased 12.30k shares for kr1.0m. But insiders sold 800.00k shares worth kr60m. You can see the insider transactions (by companies and 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!

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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. We usually like to see fairly high levels of insider ownership. Elekta insiders own about kr1.6b worth of shares (which is 5.6% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Elekta Tell Us?

The fact that there have been no Elekta insider transactions recently certainly doesn't bother us. While we feel good about high insider ownership of Elekta, we can't say the same about the selling of shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Elekta. While conducting our analysis, we found that Elekta has 1 warning sign and it would be unwise to ignore it.

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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.