Who Has Been Selling Kahoot! AS (OB:KAHOT) Shares?

Some Kahoot! AS ( OB:KAHOT ) shareholders may be a little concerned to see that the Chief Executive Officer, Eilert Hanoa, recently sold a substantial kr2.0b worth of stock at a price of kr65.50 per share. However, it is worth noting that as per a company release , this sale was actually a transaction between AS Real-Forvaltning, and Glitrafjord AS, both of which are holding companies of the CEO.

View our latest analysis for Kahoot!

The Last 12 Months Of Insider Transactions At Kahoot!

Notably, that recent sale by Eilert Hanoa is the biggest insider sale of Kahoot! shares that we've seen in the last year, however as mentioned it was a transfer between two entities owned by the same person. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

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!

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

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Kahoot! insiders own about kr3.3b worth of shares (which is 11% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Kahoot! Tell Us?

The stark truth for Kahoot! is that there has been more insider selling than insider buying in the last three months, even if we exclude the recent transfer done by the CEO. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about 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. For example - Kahoot! has 4 warning signs we think you should be aware of.

But note: Kahoot! 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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