Have Insiders Sold SpareBank 1 SR-Bank ASA (OB:SRBNK) Shares Recently?

We note that a SpareBank 1 SR-Bank ASA (OB:SRBNK) insider, Alvhild Berge, recently sold kr69k worth of stock for kr98.00 per share. That might not be a huge sum but it was 64% of their personal holding, so we find it a little discouraging.

View our latest analysis for SpareBank 1 SR-Bank

The Last 12 Months Of Insider Transactions At SpareBank 1 SR-Bank

While no particular insider transaction stood out, we can still look at the overall trading.

Over the last year, we can see that insiders have bought 7.43k shares worth kr494k. But insiders sold 700.00 shares worth kr69k. In total, SpareBank 1 SR-Bank insiders bought more than they sold over the last year. Their average price was about kr66.51. We don't deny that it is nice to see insiders buying stock in the company. However, we do note that they were buying at significantly lower prices than today's share price of kr96.75. 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!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of SpareBank 1 SR-Bank

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. From looking at our data, insiders own kr11m worth of SpareBank 1 SR-Bank stock, about 0.04% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. I generally like to see higher levels of ownership.

So What Do The SpareBank 1 SR-Bank Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. But we take heart from prior transactions. And insiders do own shares. So we're happy enough to look past some selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing SpareBank 1 SR-Bank. For example - SpareBank 1 SR-Bank has 2 warning signs we think you should be aware of.

Of course SpareBank 1 SR-Bank 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. 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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