How Many AAK AB (publ.) (STO:AAK) Shares Have Insiders Sold, In The Last Year?

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So shareholders might well want to know whether insiders have been buying or selling shares in AAK AB (publ.) (STO:AAK).

What Is Insider Selling?

Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock in the company. However, such insiders must disclose their trading activities, and not trade on inside information.

We would never suggest that investors should base their decisions solely on what the directors of a company have been doing. But equally, we would consider it foolish to ignore insider transactions altogether. For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'.

See our latest analysis for AAK AB (publ.)

The Last 12 Months Of Insider Transactions At AAK AB (publ.)

In the last twelve months, the biggest single sale by an insider was when the insider, Renald Mackintosh, sold kr18m worth of shares at a price of kr180 per share. So we know that an insider sold shares at around the present share price of kr171. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year AAK AB (publ.) insiders didn't buy any company stock. The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like AAK AB (publ.) better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership of AAK AB (publ.)

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.3% of AAK AB (publ.) shares, worth about kr115m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About AAK AB (publ.) Insiders?

It doesn't really mean much that no insider has traded AAK AB (publ.) shares in the last quarter. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the AAK AB (publ.) insiders selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing AAK AB (publ.). You'd be interested to know, that we found 1 warning sign for AAK AB (publ.) and we suggest you have a look.

Of course AAK AB (publ.) 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.

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