Trade Alert: Chairman of the Board Of Aurskog Sparebank Jan Skøld Has Sold Stock

We'd be surprised if Aurskog Sparebank (OB:AURG) shareholders haven't noticed that the Chairman of the Board, Jan Skøld, recently sold kr2.1m worth of stock at kr210 per share. That sale was 39% of their holding, so it does make us raise an eyebrow.

View our latest analysis for Aurskog Sparebank

Aurskog Sparebank Insider Transactions Over The Last Year

In fact, the recent sale by Jan Skøld was the biggest sale of Aurskog Sparebank shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of kr210. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Aurskog Sparebank

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Aurskog Sparebank insiders own about kr255m worth of shares. That equates to 26% 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 Do The Aurskog Sparebank Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. But it is good to see that Aurskog Sparebank is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Aurskog Sparebank. You'd be interested to know, that we found 2 warning signs for Aurskog Sparebank and we suggest you have a look.

Of course Aurskog Sparebank 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, 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.