One KONE Oyj Insider Raised Their Stake In The Previous Year

Viewing insider transactions for KONE Oyj's (HEL:KNEBV ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for KONE Oyj

The Last 12 Months Of Insider Transactions At KONE Oyj

The Chairman of the Board Antti Herlin made the biggest insider purchase in the last 12 months. That single transaction was for €4.1m worth of shares at a price of €41.33 each. Even though the purchase was made at a significantly lower price than the recent price (€47.47), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Antti Herlin purchased 347.33k shares over the year. The average price per share was €40.86. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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.

Does KONE Oyj Boast High 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. We usually like to see fairly high levels of insider ownership. KONE Oyj insiders own 8.5% of the company, currently worth about €2.1b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About KONE Oyj Insiders?

It doesn't really mean much that no insider has traded KONE Oyj shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. With high insider ownership and encouraging transactions, it seems like KONE Oyj insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing KONE Oyj. In terms of investment risks, we've identified 1 warning sign with KONE Oyj and understanding it should be part of your investment process.

But note: KONE Oyj 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com