Don't Ignore The Insider Selling In TF Bank

Some TF Bank AB (publ) (STO:TFBANK) shareholders may be a little concerned to see that the CFO, Deputy CEO & Head of Investor Relations, Mikael Meomuttel, recently sold a substantial kr8.3m worth of stock at a price of kr416 per share. That's a big disposal, and it decreased their holding size by 15%, which is notable but not too bad.

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TF Bank Insider Transactions Over The Last Year

In fact, the recent sale by Mikael Meomuttel was the biggest sale of TF Bank shares made by an insider individual in the last twelve months, according to our records. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of kr138. So it may not tell us anything about how insiders feel about the current share price.

In the last twelve months insiders purchased 11.00k shares for kr3.2m. But insiders sold 49.35k shares worth kr17m. All up, insiders sold more shares in TF Bank 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!

See our latest analysis for TF Bank

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Insider Ownership Of TF Bank

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.7% of TF Bank shares, worth about kr67m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At TF Bank Tell Us?

The stark truth for TF Bank is that there has been more insider selling than insider buying in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. On the plus side, TF Bank makes money, and is growing profits. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing TF Bank. You'd be interested to know, that we found 1 warning sign for TF Bank and we suggest you have a look.

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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.