Fortum Oyj Insider Lowered Holding By 100% During Last Year

Insiders were net sellers of Fortum Oyj's (HEL:FORTUM ) stock during the past year. That is, insiders sold more stock than they bought.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Fortum Oyj

The Last 12 Months Of Insider Transactions At Fortum Oyj

In the last twelve months, the biggest single sale by an insider was when the insider, Per Langer, sold €775k worth of shares at a price of €14.84 per share. While insider selling is a negative, to us, it is more negative if the shares are sold 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 €13.21. So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Per Langer.

Over the last year, we can see that insiders have bought 7.83k shares worth €97k. But insiders sold 52.27k shares worth €775k. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Have Fortum Oyj Insiders Traded Recently?

Insiders bought just €2.2k worth of shares in that time. That's not much at all. Overall, we don't think these recent trades are particularly informative, one way or the other.

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. Based on our data, Fortum Oyj insiders have about 0.03% of the stock, worth approximately €3.4m. We prefer to see high levels of insider ownership.

So What Do The Fortum Oyj Insider Transactions Indicate?

We note a that there has been a bit of insider buying recently (but no selling). The net investment is not enough to encourage us much. We don't take much encouragement from the transactions by Fortum Oyj insiders. And we're not picking up on high enough insider ownership to give us any comfort. While we like knowing 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. Every company has risks, and we've spotted 3 warning signs for Fortum Oyj you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.