60%of this Tomra Systems ASA (OB:TOM) insider's holdings were sold in the last year

Looking at Tomra Systems ASA's (OB:TOM ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

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 Tomra Systems

The Last 12 Months Of Insider Transactions At Tomra Systems

Over the last year, we can see that the biggest insider sale was by the Independent Director, Bjorn Matre, for kr1.5m worth of shares, at about kr190 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of kr164. So it may not shed much light on insider confidence at current levels. Bjorn Matre was the only individual insider to sell over the last year.

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 are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Tomra Systems

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Based on our data, Tomra Systems insiders have about 0.09% of the stock, worth approximately kr44m. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About Tomra Systems Insiders?

It doesn't really mean much that no insider has traded Tomra Systems shares in the last quarter. We don't take much encouragement from the transactions by Tomra Systems insiders. But we do like the fact that insiders own a fair chunk of the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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.