Stock Analysis

Insiders of Akzo Nobel N.V. (AMS:AKZA) reaped rewards after their €776k investment jumped another €81k

ENXTAM:AKZA
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Akzo Nobel N.V. (AMS:AKZA) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 4.0% resulting in a €711m addition to the company’s market value. As a result, the stock they originally bought for €776k is now worth €857k.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Akzo Nobel

Akzo Nobel Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the CFO & Member of Management Board, Maarten de Vries, sold €627k worth of shares at a price of €87.06 per share. That means that an insider was selling shares at slightly below the current price (€101). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 34% of Maarten de Vries's stake.

Happily, we note that in the last year insiders paid €776k for 8.50k shares. But insiders sold 7.77k shares worth €676k. Overall, Akzo Nobel insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
ENXTAM:AKZA Insider Trading Volume November 3rd 2021

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

Does Akzo Nobel Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Akzo Nobel insiders own about €9.7m worth of shares. That equates to 0.05% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Akzo Nobel Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Akzo Nobel stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Akzo Nobel. At Simply Wall St, we found 2 warning signs for Akzo Nobel that deserve your attention before buying any shares.

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, but not derivative transactions.

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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.

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