Shareholders May Not Overlook Trifork Group Insiders Selling €13m In Stock

Despite the fact that Trifork Group AG (CPH:TRIFOR) stock rose 13% last week, insiders who sold €13m worth of stock in the previous 12 months are likely to be better off. Selling at an average price of €128, which is higher than the current price might have been the right call as holding on to stock would have meant their investment would be worth less now than it was at the time of sale.

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.

Check out our latest analysis for Trifork Group

The Last 12 Months Of Insider Transactions At Trifork Group

The Founder & CEO, Jorn Larsen, made the biggest insider sale in the last 12 months. That single transaction was for kr.13m worth of shares at a price of kr.128 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is kr.79.00. So it may not tell us anything about how insiders feel about the current share price. Jorn Larsen was the only individual insider to sell over the last year.

In the last twelve months insiders purchased 8.04k shares for kr.775k. On the other hand they divested 100.00k shares, for kr.13m. 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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Trifork Group Insiders Bought Stock Recently

Over the last quarter, Trifork Group insiders have spent a meaningful amount on shares. Not only was there no selling that we can see, but they collectively bought kr.775k worth of shares. This makes one think the business has some good points.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Trifork Group insiders own 28% of the company, worth about kr.428m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Trifork Group Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. But we can't say the same for the transactions over the last 12 months. The high levels of insider ownership, and the recent buying by some insiders suggests they are well aligned and optimistic. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Trifork Group. At Simply Wall St, we found 1 warning sign for Trifork Group that deserve your attention before buying any shares.

But note: Trifork Group 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.