Tokmanni Group Oyj Insiders Placed Bullish Bets Worth €3.06m

In the last year, multiple insiders have substantially increased their holdings of Tokmanni Group Oyj (HEL:TOKMAN) stock, indicating that insiders' optimism about the company's prospects has increased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Tokmanni Group Oyj

The Last 12 Months Of Insider Transactions At Tokmanni Group Oyj

Over the last year, we can see that the biggest insider purchase was by Chairman of the Board Seppo Saastamoinen for €1.9m worth of shares, at about €13.65 per share. That implies that an insider found the current price of €13.97 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Tokmanni Group Oyj share holders is that insiders were buying at near the current price.

Tokmanni Group Oyj insiders may have bought shares in the last year, but they didn't sell any. 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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Tokmanni Group Oyj

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. Tokmanni Group Oyj insiders own about €14m worth of shares. That equates to 1.6% of the company. 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 Tokmanni Group Oyj Insiders?

The fact that there have been no Tokmanni Group Oyj insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Tokmanni Group Oyj and their transactions don't cause us concern. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 2 warning signs for Tokmanni Group Oyj you should be aware of, and 1 of these is a bit concerning.

Of course Tokmanni Group 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.