Have Insiders Sold Invisio AB (publ) (STO:IVSO) Shares Recently?

Some Invisio AB (publ) (STO:IVSO) shareholders may be a little concerned to see that the President & CEO, Lars Hansen, recently sold a substantial kr20m worth of stock at a price of kr201 per share. That's a big disposal, and it decreased their holding size by 19%, which is notable but not too bad.

See our latest analysis for Invisio

The Last 12 Months Of Insider Transactions At Invisio

In fact, the recent sale by Lars Hansen was the biggest sale of Invisio shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of kr198. While insider selling is a negative, to us, it is more negative if the shares are sold 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.

In the last twelve months insiders purchased 22.36k shares for kr2.5m. But insiders sold 370.00k shares worth kr52m. In total, Invisio insiders sold more than they bought over the last year. They sold for an average price of about kr141. It's not particularly great to see insiders were selling shares at below recent prices. But we wouldn't put too much weight on the insider selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Invisio better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. 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 Invisio insiders own 2.0% of the company, worth about kr175m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Invisio Insiders?

The insider sales have outweighed the insider buying, at Invisio, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. At Simply Wall St, we found 2 warning signs for Invisio that deserve your attention before buying any shares.

But note: Invisio 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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