Lars Bertelsen Bought 24% More Shares In Green Hydrogen Systems \

Even if it's not a huge purchase, we think it was good to see that Lars Bertelsen, the Independent Director of Green Hydrogen Systems A/S (CPH:GREENH) recently shelled out kr.145k to buy stock, at kr.28.99 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 24%.

See our latest analysis for Green Hydrogen Systems

The Last 12 Months Of Insider Transactions At Green Hydrogen Systems

In fact, the recent purchase by Lars Bertelsen was the biggest purchase of Green Hydrogen Systems shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being kr.27.45). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Lars Bertelsen was the only individual insider to buy shares in the last twelve months.

The chart below shows insider transactions (by companies and 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!

Green Hydrogen Systems is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Green Hydrogen Systems 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. We usually like to see fairly high levels of insider ownership. Our data suggests Green Hydrogen Systems insiders own 1.0% of the company, worth about kr.23m. We consider this fairly low insider ownership.

So What Does This Data Suggest About Green Hydrogen Systems Insiders?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest Green Hydrogen Systems insiders are well aligned, and that they may think the share price is too low. 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. Case in point: We've spotted 4 warning signs for Green Hydrogen Systems you should be aware of, and 1 of them is concerning.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.