Potential G5 Entertainment AB (publ) (STO:G5EN) shareholders may wish to note that the Independent Director, Stefan Lundborg, recently bought kr1.6m worth of stock, paying kr328 for each share. That’s a very solid buy in our book, and increased their holding by a noteworthy 49%.
The Last 12 Months Of Insider Transactions At G5 Entertainment
Over the last year, we can see that the biggest insider sale was by the Co-Founder & COO, Alexander Tabunov, for kr2.1m worth of shares, at about kr123 per share. That means that even when the share price was below the current price of kr338, an insider wanted to cash in some shares. 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. Please do note, however, that sellers may have a variety of reasons for selling, so we don’t know for sure what they think of the stock price. It is worth noting that this sale was only 43% of Alexander Tabunov’s holding. Alexander Tabunov was the only individual insider to sell over the last year.
You can see a visual depiction of insider transactions (by companies and 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!
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Does G5 Entertainment Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. G5 Entertainment insiders own about kr210m worth of shares. That equates to 7.0% of the company. While this is a strong but not outstanding level of insider ownership, it’s enough to indicate some alignment between management and smaller shareholders.
So What Do The G5 Entertainment Insider Transactions Indicate?
It is good to see the recent insider purchase. On the other hand the transaction history, over the last year, isn’t so positive. The high levels of insider ownership, and the recent buying by an insider suggests they are well aligned and optimistic. 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. You’d be interested to know, that we found 2 warning signs for G5 Entertainment and we suggest you have a look.
If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity 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.
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