Atle Eide Bought 19% More Shares In Nordic Aqua Partners

Potential Nordic Aqua Partners A/S (OB:NOAP) shareholders may wish to note that the Chairman, Atle Eide, recently bought kr1.5m worth of stock, paying kr69.70 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 19%.

View our latest analysis for Nordic Aqua Partners

The Last 12 Months Of Insider Transactions At Nordic Aqua Partners

Notably, that recent purchase by Atle Eide is the biggest insider purchase of Nordic Aqua Partners shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is kr74.00. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Nordic Aqua Partners insiders decided to buy shares at close to current prices.

Nordic Aqua Partners insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Nordic Aqua Partners Boast High Insider Ownership?

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, Nordic Aqua Partners insiders have about 1.8% of the stock, worth approximately kr22m. However, it's possible that insiders might have an indirect interest through a more complex structure. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Nordic Aqua Partners Tell Us?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Insiders likely see value in Nordic Aqua Partners shares, given these transactions (along with notable insider ownership of the company). 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. In terms of investment risks, we've identified 3 warning signs with Nordic Aqua Partners and understanding them should be part of your investment process.

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

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