Director Benedicte Fossum Just Bought 48% More Shares In Cloudberry Clean Energy ASA (OB:CLOUD)

Whilst it may not be a huge deal, we thought it was good to see that the Cloudberry Clean Energy ASA (OB:CLOUD) Director, Benedicte Fossum, recently bought kr500k worth of stock, for kr15.50 per share. That purchase might not be huge but it did increase their holding by 48%.

However if you'd rather see where the opportunities and risks are within CLOUD's industry, you can check out our analysis on the NO Renewable Energy industry.

Cloudberry Clean Energy Insider Transactions Over The Last Year

In fact, the recent purchase by Benedicte Fossum was the biggest purchase of Cloudberry Clean Energy shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than kr15.38 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Cloudberry Clean Energy insiders may have bought shares in the last year, but they didn't sell any. 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!

Cloudberry Clean Energy 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.

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. Our information indicates that Cloudberry Clean Energy insiders own about kr8.0m worth of shares. However, it's possible that insiders might have an indirect interest through a more complex structure. It's always possible we are missing something but from our data, it looks like insider ownership is minimal.

What Might The Insider Transactions At Cloudberry Clean Energy Tell Us?

It is good to see recent purchasing. 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. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Cloudberry Clean Energy insiders are expecting a bright 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. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Cloudberry Clean Energy.

But note: Cloudberry Clean Energy 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. 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.