Insider Buyers At Netel Holding Recover Some Losses, But Still Down kr236k

Insiders who bought kr1.30m worth of Netel Holding AB (publ) (STO:NETEL) stock in the last year have seen some of their losses recouped as the stock gained 21% last week. However, total losses seen by insiders are still kr236k since the time of purchase.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Netel Holding

Netel Holding Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Chairman Hans Petersson for kr948k worth of shares, at about kr18.96 per share. That means that an insider was happy to buy shares at above the current price of kr14.30. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Netel Holding 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 click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Netel Holding 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

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From looking at our data, insiders own kr18m worth of Netel Holding stock, about 2.6% of the company. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At Netel Holding Tell Us?

It doesn't really mean much that no insider has traded Netel Holding shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Netel Holding and their transactions don't cause us concern. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Be aware that Netel Holding is showing 4 warning signs in our investment analysis, and 1 of those is concerning...

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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 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.