IR & Communications Manager of Nordisk Bergteknik Picks Up 76% More Stock

Whilst it may not be a huge deal, we thought it was good to see that the Nordisk Bergteknik AB (publ) (STO:NORB B) IR & Communications Manager, Niklas Alm, recently bought kr610k worth of stock, for kr15.25 per share. Even though that isn't a massive buy, it did increase their holding by 76%, which is arguably a good sign.

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The Last 12 Months Of Insider Transactions At Nordisk Bergteknik

Over the last year, we can see that the biggest insider purchase was by Independent Director Goran Nasholm for kr861k worth of shares, at about kr12.30 per share. Even though the purchase was made at a significantly lower price than the recent price (kr14.95), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

While Nordisk Bergteknik insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Nordisk Bergteknik

Nordisk Bergteknik is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Nordisk Bergteknik Boast High 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. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that Nordisk Bergteknik insiders own 6.5% of the company, worth about kr56m. But they may have an indirect interest through a corporate structure that we haven't picked up on. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Nordisk Bergteknik Insiders?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of Nordisk Bergteknik we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, Nordisk Bergteknik has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about.

Of course Nordisk Bergteknik 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.