Senior VP of Product Management Of Qt Group Oyj Sold 57% Of Their Shares

Some Qt Group Oyj (HEL:QTCOM) shareholders may be a little concerned to see that the Senior VP of Product Management, Juhapekka Niemi, recently sold a substantial €1.8m worth of stock at a price of €90.87 per share. That diminished their holding by a very significant 57%, which arguably implies a strong desire to reallocate capital.

View our latest analysis for Qt Group Oyj

The Last 12 Months Of Insider Transactions At Qt Group Oyj

Notably, that recent sale by Juhapekka Niemi is the biggest insider sale of Qt Group Oyj shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of €91.45. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was 57% of Juhapekka Niemi's holding.

Qt Group Oyj insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Qt Group Oyj insiders own 8.2% of the company, worth about €191m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Qt Group Oyj Insider Transactions Indicate?

Insiders sold Qt Group Oyj shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that Qt Group Oyj is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. At Simply Wall St, we found 2 warning signs for Qt Group Oyj that deserve your attention before buying any shares.

Of course Qt 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.