United Bankers Oyj Chairman of the Management Board Patrick Anderson Sells 53% Of Holding

Investors may wish to note that the Chairman of the Management Board of United Bankers Oyj, Patrick Anderson, recently netted €83k from selling stock, receiving an average price of €18.75. That might not be a huge sum but it was 53% of their personal holding, so we find it a little discouraging.

Check out our latest analysis for United Bankers Oyj

The Last 12 Months Of Insider Transactions At United Bankers Oyj

Over the last year, we can see that the biggest insider purchase was by Director Rainer Henrik for €108k worth of shares, at about €13.50 per share. Even though the purchase was made at a significantly lower price than the recent price (€18.30), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid €143k for 10.50k shares. On the other hand they divested 4.45k shares, for €83k. In the last twelve months there was more buying than selling by United Bankers Oyj insiders. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

United Bankers Oyj is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does United Bankers Oyj Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that United Bankers Oyj insiders own 20% of the company, worth about €41m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The United Bankers Oyj Insider Transactions Indicate?

An insider sold United Bankers Oyj shares recently, but they didn't buy any. But we take heart from prior transactions. We like that insiders own a fair amount of the company. So we're happy enough to look past some selling. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 3 warning signs for United Bankers Oyj (1 doesn't sit too well with us) you should be aware of.

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.