Trade Alert: CEO, President CEO of Balco AB Of Balco Group Camilla Ekdahl Has Sold Stock

Investors may wish to note that the CEO, President CEO of Balco AB of Balco Group AB, Camilla Ekdahl, recently netted kr581k from selling stock, receiving an average price of kr19.36. That might not be a huge sum but it was 96% of their personal holding, so we find it a little discouraging.

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The Last 12 Months Of Insider Transactions At Balco Group

Notably, that recent sale by Camilla Ekdahl is the biggest insider sale of Balco Group shares that we've seen in the last year. That means that an insider was selling shares at around the current price of kr17.90. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Over the last year, we can see that insiders have bought 17.00k shares worth kr382k. But they sold 55.00k shares for kr1.2m. Over the last year we saw more insider selling of Balco Group shares, than buying. 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 Balco Group

I will like Balco Group better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Our data suggests Balco Group insiders own 2.1% of the company, worth about kr8.8m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We prefer to see high levels of insider ownership.

So What Do The Balco Group Insider Transactions Indicate?

The insider sales have outweighed the insider buying, at Balco Group, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. We'd certainly practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Balco Group. To that end, you should learn about the 3 warning signs we've spotted with Balco Group (including 1 which makes us a bit uncomfortable).

Of course Balco Group 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 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.