Dampskibsselskabet Norden Insider Ups Holding During Year

From what we can see, insiders were net buyers in Dampskibsselskabet Norden A/S' (CPH:DNORD ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Dampskibsselskabet Norden

The Last 12 Months Of Insider Transactions At Dampskibsselskabet Norden

Over the last year, we can see that the biggest insider purchase was by Chief Executive Officer Jan Rindbo for kr.1.5m worth of shares, at about kr.276 per share. That means that even when the share price was higher than kr.226 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Jan Rindbo was the only individual insider to buy during the last year.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Dampskibsselskabet Norden 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.

Does Dampskibsselskabet Norden 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. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Dampskibsselskabet Norden insiders own about kr.36m worth of shares (which is 0.5% of the company). However, it's possible that insiders might have an indirect interest through a more complex structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Dampskibsselskabet Norden Tell Us?

It doesn't really mean much that no insider has traded Dampskibsselskabet Norden shares in the last quarter. However, our analysis of transactions over the last year is heartening. Overall we don't see anything to make us think Dampskibsselskabet Norden insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Dampskibsselskabet Norden. Every company has risks, and we've spotted 3 warning signs for Dampskibsselskabet Norden (of which 1 is potentially serious!) you should know about.

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 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.