Insider Buying: The Axactor SE (OB:AXA) Chief of Staff Just Bought €1.1m Worth Of Shares

Investors who take an interest in Axactor SE (OB:AXA) should definitely note that the Chief of Staff, Vibeke Ly, recently paid kr8.00 per share to buy kr1.1m worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

View our latest analysis for Axactor

Axactor Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by insider Endre Rangnes for kr4.0m worth of shares, at about kr5.05 per share. We do like to see buying, but this purchase was made at well below the current price of kr9.81. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Over the last year, we can see that insiders have bought 1.28m shares worth kr8.0m. But insiders sold 294.81k shares worth kr3.0m. Overall, Axactor insiders were net buyers during the last year. Their average price was about kr6.25. To my mind it is good that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. 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!

Axactor is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Axactor

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 7.6% of Axactor shares, worth about kr169m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Axactor Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Axactor. Looks promising! 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. You'd be interested to know, that we found 2 warning signs for Axactor and we suggest you have a look.

But note: Axactor 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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