Stock Analysis

Trade Alert: The Chairman of the Management Board Of United Bankers Oyj (HEL:UNITED), Patrick Anderson, Has Sold Some Shares Recently

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Investors may wish to note that the Chairman of the Management Board of United Bankers Oyj, Patrick Anderson, recently netted €88k from selling stock, receiving an average price of €14.40. It wasn't a huge sale, but it did reduce their holding by 35%. This does not instill confidence.

See our latest analysis for United Bankers Oyj

United Bankers Oyj Insider Transactions Over The Last Year

Notably, that recent sale by Patrick Anderson is the biggest insider sale of United Bankers Oyj shares that we've seen in the last year. That means that an insider was selling shares at around the current price of €14.35. 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).

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!

HLSE:UNITED Insider Trading Volume March 18th 2023

I will like United Bankers Oyj 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 United Bankers Oyj

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. United Bankers Oyj insiders own about €36m worth of shares. That equates to 24% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At United Bankers Oyj Tell Us?

An insider sold United Bankers Oyj shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But since United Bankers Oyj is profitable and growing, we're not too worried by this. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that United Bankers Oyj has 3 warning signs and it would be unwise to ignore them.

But note: United Bankers 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, but not derivative transactions.

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