Have Insiders Sold AqualisBraemar LOC ASA (OB:AQUA) Shares Recently?

We note that the AqualisBraemar LOC ASA (OB:AQUA) Director of Strategy & Corporate Development, Haakon Brandrud, recently sold kr821k worth of stock for kr10.00 per share. It wasn't a huge sale, but it did reduce their holding by 23%. This does not instill confidence.

Check out our latest analysis for AqualisBraemar LOC

The Last 12 Months Of Insider Transactions At AqualisBraemar LOC

The Chairman Glen Rodland made the biggest insider purchase in the last 12 months. That single transaction was for kr2.3m worth of shares at a price of kr4.20 each. We do like to see buying, but this purchase was made at well below the current price of kr9.35. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Happily, we note that in the last year insiders paid kr2.5m for 600.00k shares. On the other hand they divested 82.12k shares, for kr821k. Overall, AqualisBraemar LOC insiders were net buyers during 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!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of AqualisBraemar LOC

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 23% of AqualisBraemar LOC shares, worth about kr201m. 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 Do The AqualisBraemar LOC Insider Transactions Indicate?

An insider sold AqualisBraemar LOC shares recently, but they didn't buy any. But we take heart from prior transactions. We are also comforted by the high levels of insider ownership. So the recent selling doesn't worry us. 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 4 warning signs for AqualisBraemar LOC you should be aware of.

But note: AqualisBraemar LOC 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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This article by Simply Wall St is general in nature. 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.
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