F. Ball Bought 55% More Shares In Citycon Oyj

Potential Citycon Oyj (HEL:CTY1S) shareholders may wish to note that the CEO & Vice Chairman, F. Ball, recently bought €402k worth of stock, paying €4.02 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 55%, potentially signalling some real optimism.

View our latest analysis for Citycon Oyj

Citycon Oyj Insider Transactions Over The Last Year

In fact, the recent purchase by F. Ball was the biggest purchase of Citycon Oyj shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than €3.93 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

Over the last year, we can see that insiders have bought 120.38k shares worth €529k. But they sold 30.84k shares for €177k. In the last twelve months there was more buying than selling by Citycon Oyj insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Citycon 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.

Insider Ownership Of Citycon 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. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, Citycon Oyj insiders have about 0.2% of the stock, worth approximately €1.2m. We consider this fairly low insider ownership.

So What Do The Citycon Oyj Insider Transactions Indicate?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Citycon Oyj stock. 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. To that end, you should learn about the 3 warning signs we've spotted with Citycon Oyj (including 1 which makes us a bit uncomfortable).

But note: Citycon 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 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.