Ros-Marie Grusén Bought 26% More Shares In Komplett

Even if it's not a huge purchase, we think it was good to see that Ros-Marie Grusén, the Chief Executive Officer of Komplett ASA (OB:KOMPL) recently shelled out kr585k to buy stock, at kr13.00 per share. That purchase might not be huge but it did increase their holding by 26%.

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Komplett Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Chief Commercial Officer Andreas Westgaard for kr812k worth of shares, at about kr8.12 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr12.50. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 145.00k shares worth kr1.4m. But they sold 8.33k shares for kr69k. In the last twelve months there was more buying than selling by Komplett insiders. The average buy price was around kr9.63. It is certainly positive to see that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. 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!

See our latest analysis for Komplett

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Komplett Boast High Insider Ownership?

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. Our data suggests Komplett insiders own 1.0% of the company, worth about kr23m. But they may have an indirect interest through a corporate structure that we haven't picked up on. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Komplett Tell Us?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. When combined with notable insider ownership, these factors suggest Komplett insiders are well aligned, and that they may think the share price is too low. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Komplett.

But note: Komplett 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 of direct interests only, but not derivative transactions or indirect interests.

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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.