This Metsä Board Oyj Insider Increased Their Holding By 49% Last Year

Viewing insider transactions for Metsä Board Oyj's (HEL:METSB ) 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, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Metsä Board Oyj

The Last 12 Months Of Insider Transactions At Metsä Board Oyj

The Chairman of the Board Ilkka Hamala made the biggest insider purchase in the last 12 months. That single transaction was for €4.3m worth of shares at a price of €7.29 each. That implies that an insider found the current price of €7.89 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Metsä Board Oyj share holders is that an insider was buying at near the current price. Ilkka Hamala was the only individual insider to buy shares in the last twelve months.

Ilkka Hamala bought a total of 1.19m shares over the year at an average price of €7.20. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Metsä Board 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 Metsä Board Oyj Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Metsä Board Oyj insiders own 2.9% of the company, worth about €83m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Metsä Board Oyj Insiders?

It doesn't really mean much that no insider has traded Metsä Board 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 Metsä Board Oyj insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Metsä Board Oyj. You'd be interested to know, that we found 1 warning sign for Metsä Board Oyj and we suggest you have a look.

Of course Metsä Board Oyj may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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.