MD & Director Of Tulikivi Sold 36% Of Their Shares

We'd be surprised if Tulikivi Corporation (HEL:TULAV) shareholders haven't noticed that the MD & Director, Heikki Vauhkonen, recently sold €107k worth of stock at €0.45 per share. That sale was 36% of their holding, so it does make us raise an eyebrow.

See our latest analysis for Tulikivi

The Last 12 Months Of Insider Transactions At Tulikivi

Notably, that recent sale by Heikki Vauhkonen is the biggest insider sale of Tulikivi shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of €0.42. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Over the last year, we can see that insiders have bought 59.00k shares worth €28k. On the other hand they divested 240.00k shares, for €107k. 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!

I will like Tulikivi better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership Of Tulikivi

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Tulikivi insiders own 33% of the company, worth about €8.4m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Tulikivi Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, Tulikivi has 5 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

But note: Tulikivi 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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