Whilst it may not be a huge deal, we thought it was good to see that the Quartiers Properties AB (publ) (STO:QUART) Independent Director, Sten Andersen, recently bought kr86k worth of stock, for kr3.06 per share. Even though that isn’t a massive buy, it did increase their holding by 58%, which is a arguably a good sign.
View our latest analysis for Quartiers Properties
Quartiers Properties Insider Transactions Over The Last Year
In fact, the recent purchase by Sten Andersen was the biggest purchase of Quartiers Properties shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of kr3.20 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it’s less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we’re pleased to report that the insider purchases were made at close to current prices.
While Quartiers Properties insiders bought shares last year, they didn’t sell. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Quartiers Properties is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does Quartiers Properties 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data suggests Quartiers Properties insiders own 3.9% of the company, worth about kr6.1m. However, it’s possible that insiders might have an indirect interest through a more complex structure. We consider this fairly low insider ownership.
So What Does This Data Suggest About Quartiers Properties Insiders?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss last year, which makes us a little cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Quartiers Properties insiders are expecting a bright future. So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks that a particular company is facing. To that end, you should learn about the 4 warning signs we’ve spotted with Quartiers Properties (including 2 which can’t be ignored).
But note: Quartiers Properties may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.