How Many SoftOx Solutions AS (OB:SOFTX) Shares Have Insiders Sold, In The Last Year?

We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So before you buy or sell SoftOx Solutions AS (OB:SOFTX), you may well want to know whether insiders have been buying or selling.

What Is Insider Selling?

It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, rules govern insider transactions, and certain disclosures are required.

We don't think shareholders should simply follow insider transactions. But logic dictates you should pay some attention to whether insiders are buying or selling shares. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise'.

Check out our latest analysis for SoftOx Solutions

SoftOx Solutions Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Glenn Gundersen, sold kr910k worth of shares at a price of kr91.00 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of kr57.50. So it may not shed much light on insider confidence at current levels. Glenn Gundersen was the only individual insider to sell over the last year.

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!

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Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. SoftOx Solutions insiders own 46% of the company, currently worth about kr248m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The SoftOx Solutions Insider Transactions Indicate?

It doesn't really mean much that no insider has traded SoftOx Solutions shares in the last quarter. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the SoftOx Solutions insiders selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing SoftOx Solutions. Be aware that SoftOx Solutions is showing 5 warning signs in our investment analysis, and 2 of those are a bit 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. 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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