- Norway
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- Oil and Gas
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- OB:AKRBP
Insiders who sold Aker BP ASA (OB:AKRBP) earlier this year probably made the right call as market cap dropped by kr11b
Insiders seem to have made the most of their holdings by selling US$61k worth of Aker BP ASA (OB:AKRBP) stock at an average sell price of US$362 during the past year. After the stock price dropped 6.5% last week, the company's market value declined by kr11b, but insiders were able to mitigate their losses.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Aker BP
The Last 12 Months Of Insider Transactions At Aker BP
There wasn't any very large single transaction over the last year, but we can still observe some trading.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. 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 Aker BP
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Aker BP insiders own 0.02% of the company, worth about kr28m. But they may have an indirect interest through a corporate structure that we haven't picked up on. We prefer to see high levels of insider ownership.
So What Do The Aker BP Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Aker BP shares in the last quarter. We don't take much encouragement from the transactions by Aker BP insiders. The modest level of insider ownership is, at least, some comfort. 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. Case in point: We've spotted 3 warning signs for Aker BP you should be aware of, and 2 of them are concerning.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.
About OB:AKRBP
Aker BP
Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.
Undervalued with excellent balance sheet.