Tecnotree Oyj's Stock Sinks To €2.62, But Insiders Sold Even Lower
Tecnotree Oyj's (HEL:TEM1V) stock price has dropped 12% in the previous week, but insiders who sold €102k in stock over the past year have had less luck. Given that the average selling price of €5.51 is still lower than the current share price, insiders would probably have been better off keeping their shares.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Tecnotree Oyj
Tecnotree Oyj Insider Transactions Over The Last Year
The VP of Value Engineering & Member of Management Board, Ramaseshan Subramanian, made the biggest insider sale in the last 12 months. That single transaction was for €59k worth of shares at a price of €5.39 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is €2.62. So it may not tell us anything about how insiders feel about the current share price.
In the last year Tecnotree Oyj insiders didn't buy any company stock. 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!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Does Tecnotree 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 17% of Tecnotree Oyj shares, worth about €7.0m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At Tecnotree Oyj Tell Us?
There haven't been any insider transactions in the last three months -- that doesn't mean much. Our analysis of Tecnotree Oyj insider transactions leaves us cautious. But it's good to see that insiders own shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tecnotree Oyj. While conducting our analysis, we found that Tecnotree Oyj has 2 warning signs and it would be unwise to ignore them.
But note: Tecnotree 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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About HLSE:TEM1V
Tecnotree Oyj
Supplies telecommunication IT solutions for charging, billing, customer care, and messaging and content services in Europe, the Americas, the Middle East, Africa, and the Asia Pacific.
Flawless balance sheet and undervalued.