This Addtech AB (publ.) Insider Reduced Their Stake By 11%

Looking at Addtech AB (publ.)'s (STO:ADDT B ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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The Last 12 Months Of Insider Transactions At Addtech AB (publ.)

Over the last year, we can see that the biggest insider sale was by the MD, President, Niklas Stenberg, for kr9.8m worth of shares, at about kr349 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of kr315. So it is hard to draw any strong conclusion from it. Niklas Stenberg was the only individual insider to sell over the last year.

In the last twelve months insiders purchased 8.08k shares for kr2.7m. On the other hand they divested 28.00k shares, for kr9.8m. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Addtech AB (publ.)

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Addtech AB (publ.) Insiders Are Selling The Stock

Over the last three months, we've seen notably more insider selling, than insider buying, at Addtech AB (publ.). In that time, MD, President Niklas Stenberg dumped kr9.8m worth of shares. On the flip side, insiders spent kr2.6m on purchasing shares. Since the selling really does outweigh the buying, we'd say that these transactions may suggest that some insiders feel the shares are not cheap.

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. A high insider ownership often makes company leadership more mindful of shareholder interests. Addtech AB (publ.) insiders own 5.2% of the company, currently worth about kr4.5b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Addtech AB (publ.) Insiders?

Unfortunately, there has been more insider selling of Addtech AB (publ.) stock, than buying, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. But it is good to see that Addtech AB (publ.) is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Addtech AB (publ.). You'd be interested to know, that we found 2 warning signs for Addtech AB (publ.) 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.