Nordic Waterproofing Holding Head of Denmark Paul Rask Sells 48% Of Holding

Anyone interested in Nordic Waterproofing Holding AB (publ) (STO:NWG) should probably be aware that the Head of Denmark, Paul Rask, recently divested kr2.2m worth of shares in the company, at an average price of kr148 each. The eyebrow raising move amounted to a reduction of 48% in their holding.

View our latest analysis for Nordic Waterproofing Holding

Nordic Waterproofing Holding Insider Transactions Over The Last Year

The CEO & President, Martin Ellis, made the biggest insider sale in the last 12 months. That single transaction was for kr4.2m worth of shares at a price of kr166 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is kr148. So it may not tell us anything about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 8.16k shares worth kr1.1m. But insiders sold 68.89k shares worth kr11m. In total, Nordic Waterproofing Holding insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Nordic Waterproofing Holding

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that Nordic Waterproofing Holding insiders own about kr54m worth of shares (which is 1.5% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About Nordic Waterproofing Holding Insiders?

The insider sales have outweighed the insider buying, at Nordic Waterproofing Holding, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 3 warning signs for Nordic Waterproofing Holding you should be aware of.

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, but not derivative transactions.

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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.