Ocean Sun AS (OB:OSUN) insiders recover some losses but still kr60k away from matching original investment

Insiders who purchased kr307k worth of Ocean Sun AS (OB:OSUN) shares over the past year recouped some of their losses after price gained 10% last week. However, the purchase is proving to be a costly gamble, since losses made by insiders have totalled kr60k since the time of purchase.

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 Ocean Sun

Ocean Sun Insider Transactions Over The Last Year

There wasn't any very large single transaction over the last year, but we can still observe some trading.

Ocean Sun insiders may have bought shares in the last year, but they didn't sell any. Their average price was about kr20.04. This is nice to see since it implies that insiders might see value around current prices (around kr16.10). 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!

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.

Have Ocean Sun Insiders Traded Recently?

Over the last three months, we've seen a bit of insider buying at Ocean Sun. Director Anne Skrivarhaug purchased kr50k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.

Insider Ownership of Ocean Sun

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Ocean Sun insiders own 17% of the company, worth about kr123m. 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 Ocean Sun Insiders?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. Overall the buying isn't worth writing home about. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Ocean Sun insiders think the business has merit. 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 Ocean Sun (of which 2 can't be ignored!) you should know about.

Of course Ocean Sun 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.