Trade Alert: The Chief Executive Officer Of Endúr ASA (OB:ENDUR), Jeppe Raaholt, Has Just Spent kr329k Buying 13% More Shares

Even if it's not a huge purchase, we think it was good to see that Jeppe Raaholt, the Chief Executive Officer of Endúr ASA (OB:ENDUR) recently shelled out kr329k to buy stock, at kr0.47 per share. That purchase might not be huge but it did increase their holding by 13%.

See our latest analysis for Endúr

The Last 12 Months Of Insider Transactions At Endúr

In the last twelve months, the biggest single purchase by an insider was when Board Member Kristine Landmark bought kr736k worth of shares at a price of kr0.74 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being kr0.65). It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Endúr insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Endúr insiders own 9.9% of the company, worth about kr88m. But they may have an indirect interest through a corporate structure that we haven't picked up on. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Endúr Insiders?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Given that insiders also own a fair bit of Endúr we think they are probably pretty confident of a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 4 warning signs for Endúr you should be aware of, and 1 of them is significant.

But note: Endúr 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, 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.