Positive Signs As Multiple Insiders Buy DFDS Stock

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in DFDS A/S' (CPH:DFDS) instance, it's good news for shareholders.

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.

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DFDS Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by President Torben Carlsen for kr.1.6m worth of shares, at about kr.105 per share. That means that even when the share price was higher than kr.96.50 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

While DFDS insiders bought shares during the last year, they didn't sell. 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!

View our latest analysis for DFDS

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

DFDS Insiders Bought Stock Recently

Over the last quarter, DFDS insiders have spent a meaningful amount on shares. Specifically, Independent Director Dirk Reich bought kr.907k worth of shares in that time, and we didn't record any sales whatsoever. That shows some optimism about the company's future.

Does DFDS Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, DFDS insiders have about 0.4% of the stock, worth approximately kr.18m. I generally like to see higher levels of ownership.

What Might The Insider Transactions At DFDS Tell Us?

The recent insider purchase is heartening. 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. Given that insiders also own a fair bit of DFDS we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing DFDS. At Simply Wall St, we found 1 warning sign for DFDS that deserve your attention before buying any shares.

Of course DFDS may not be the best stock to buy. So you may wish to see this free collection of high quality 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.