Have Insiders Sold Vow Shares Recently?

Investors may wish to note that the Chief Executive Officer of Vow ASA, Henrik Badin, recently netted kr1.1m from selling stock, receiving an average price of kr2.62. However we note that the sale only shrunk their holding by 4.1%.

Check out our latest analysis for Vow

Vow Insider Transactions Over The Last Year

In fact, the recent sale by Henrik Badin was the biggest sale of Vow shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of kr2.61. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Henrik Badin ditched 512.48k shares over the year. The average price per share was kr2.63. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership Of Vow

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Vow insiders own about kr93m worth of shares. That equates to 31% 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 Vow Insider Transactions Indicate?

Unfortunately, there has been more insider selling of Vow stock, than buying, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Vow. For example, Vow has 4 warning signs (and 2 which shouldn't be ignored) we think you should know about.

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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 of direct interests only, but not derivative transactions or indirect interests.

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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.