Even if it's not a huge purchase, we think it was good to see that Eivind Roald, the Independent Director of Crayon Group Holding ASA (OB:CRAYN) recently shelled out kr432k to buy stock, at kr169 per share. However, it only increased their shares held by 1.7%, and it wasn't a huge purchase by absolute value, either.
The Last 12 Months Of Insider Transactions At Crayon Group Holding
Over the last year, we can see that the biggest insider sale was by the insider, Nabil Chebbi, for kr21m worth of shares, at about kr141 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of kr164. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was 71% of Nabil Chebbi's stake.
All up, insiders sold more shares in Crayon Group Holding than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of Crayon Group Holding
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 1.5% of Crayon Group Holding shares, worth about kr215m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Crayon Group Holding Tell Us?
The recent insider purchase is heartening. But we can't say the same for the transactions over the last 12 months. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Crayon Group Holding insiders are reasonably well aligned, and optimistic for the future. 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. Every company has risks, and we've spotted 1 warning sign for Crayon Group Holding you should know about.
Of course Crayon Group Holding may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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.
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.