CFO, CIO of Tokmanni Group Oyj Tapio Arimo Buys 95% More Shares

Even if it's not a huge purchase, we think it was good to see that Tapio Arimo, the CFO, CIO of Tokmanni Group Oyj (HEL:TOKMAN) recently shelled out €71k to buy stock, at €7.06 per share. Even though that isn't a massive buy, it did increase their holding by 95%, which is arguably a good sign.

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The Last 12 Months Of Insider Transactions At Tokmanni Group Oyj

In fact, the recent purchase by Tapio Arimo was the biggest purchase of Tokmanni Group Oyj shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being €6.92). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

While Tokmanni Group Oyj insiders bought shares during the last year, they didn't sell. 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!

Check out our latest analysis for Tokmanni Group Oyj

Tokmanni Group 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 Tokmanni Group Oyj Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Tokmanni Group Oyj insiders own 2.5% of the company, worth about €10m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Tokmanni Group Oyj Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Tokmanni Group Oyj shares, given these transactions (along with notable insider ownership of the company). 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 Tokmanni Group Oyj (1 is a bit concerning) you should be aware of.

But note: Tokmanni Group 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.