62% Of This ALK-Abelló Insider's Holdings Were Sold

From what we can see, insiders were net sellers in ALK-Abelló A/S' (CPH:ALK B ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for ALK-Abelló

ALK-Abelló Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Executive VP of Commercial Operations & Member of Management Board, Søren Niegel, sold kr.9.0m worth of shares at a price of kr.129 per share. That means that even when the share price was below the current price of kr.153, 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. We note that the biggest single sale was 62% of Søren Niegel's holding. Søren Niegel 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!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data suggests ALK-Abelló insiders own 0.04% of the company, worth about kr.12m. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At ALK-Abelló Tell Us?

The fact that there have been no ALK-Abelló insider transactions recently certainly doesn't bother us. Still, the insider transactions at ALK-Abelló in the last 12 months are not very heartening. But it's good to see that insiders own shares in the company. Of course, the future is what matters most. So if you are interested in ALK-Abelló, you should check out this free report on analyst forecasts for the company.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 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.