ISS Insiders Added kr.7.37m Of Stock To Their Holdings

Over the last year, a good number of insiders have significantly increased their holdings in ISS A/S (CPH:ISS). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for ISS

ISS Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Jacob Aarup-Andersen bought kr.4.2m worth of shares at a price of kr.119 per share. That implies that an insider found the current price of kr.130 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. Happily, the ISS insiders decided to buy shares at close to current prices.

In the last twelve months insiders purchased 60.06k shares for kr.7.4m. But they sold 1.26k shares for kr.155k. In total, ISS insiders bought more than they sold over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

ISS is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Have ISS Insiders Traded Recently?

We saw Independent Director Reshma Ramachandran buy shares worth kr.159k in the last three months. However that only slightly eclipses the sales, kr.155k worth of sales. So it is hard to draw any conclusion about how insiders are feeling about the stock, from these recent trades.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that ISS insiders own 0.2% of the company, worth about kr.39m. Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About ISS Insiders?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. The net investment is not enough to encourage us much. On a brighter note, the transactions over the last year are encouraging. Overall we don't see anything to make us think ISS insiders are doubting the company, and they do own shares. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 2 warning signs for ISS you should be aware of.

But note: ISS 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 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.