This Insider Has Just Sold Shares In Puuilo Oyj

We wouldn't blame Puuilo Oyj (HEL:PUUILO) shareholders if they were a little worried about the fact that Ville Ranta, the Chief Financial Officer recently netted about €954k selling shares at an average price of €10.30. That sale reduced their total holding by 25% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for Puuilo Oyj

Puuilo Oyj Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Rasmus Molander, sold €72m worth of shares at a price of €8.20 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of €9.86. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was 100% of Rasmus Molander's holding.

Over the last year we saw more insider selling of Puuilo Oyj shares, than buying. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Puuilo Oyj better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Puuilo Oyj Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 8.2% of Puuilo Oyj shares, worth about €68m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Puuilo Oyj Insider Transactions Indicate?

The stark truth for Puuilo Oyj is that there has been more insider selling than insider buying in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Puuilo Oyj is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Puuilo Oyj. While conducting our analysis, we found that Puuilo Oyj has 2 warning signs and it would be unwise to ignore them.

Of course Puuilo 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com