Bullish Sampo Oyj Insiders Loaded Up On €1.14m Of Stock

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Sampo Oyj's (HEL:SAMPO) instance, it's good news for shareholders.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Sampo Oyj

The Last 12 Months Of Insider Transactions At Sampo Oyj

The Group CEO & Chairman of Group Executive Committee Torbjorn Magnusson made the biggest insider purchase in the last 12 months. That single transaction was for €359k worth of shares at a price of €40.89 each. That means that an insider was happy to buy shares at above the current price of €38.63. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. Notably Torbjorn Magnusson was also the biggest seller.

In the last twelve months insiders purchased 27.88k shares for €1.1m. But insiders sold 9.00k shares worth €359k. Overall, Sampo Oyj insiders were net buyers during the last year. 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!

Sampo Oyj is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Sampo Oyj Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Sampo Oyj insiders own 0.1% of the company, worth about €27m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Sampo Oyj Tell Us?

It doesn't really mean much that no insider has traded Sampo Oyj 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 Sampo Oyj insiders are doubting the company, and they do own shares. While we like knowing 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. Case in point: We've spotted 2 warning signs for Sampo Oyj 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.