Director of Pexip Holding Picks Up 20% More Stock

Potential Pexip Holding ASA (OB:PEXIP) shareholders may wish to note that the Director, Geir Olsen, recently bought kr4.9m worth of stock, paying kr24.53 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 20%.

Check out our latest analysis for Pexip Holding

The Last 12 Months Of Insider Transactions At Pexip Holding

Notably, that recent purchase by Director Geir Olsen was not the only time they bought Pexip Holding shares this year. They previously made an even bigger purchase of kr7.8m worth of shares at a price of kr20.20 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr25.24. 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.

While Pexip Holding insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Pexip Holding is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Pexip Holding Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Pexip Holding insiders own 27% of the company, worth about kr679m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Pexip Holding Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Pexip Holding. One for the watchlist, at least! Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Pexip Holding.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 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.