Asa Winberg Is The Independent Director of OEM International AB (publ) (STO:OEM B) And They Just Picked Up 200% More Shares

By
Simply Wall St
Published
January 06, 2022
Source: Shutterstock

Even if it's not a huge purchase, we think it was good to see that Asa Winberg, the Independent Director of OEM International AB (publ) (STO:OEM B) recently shelled out kr367k to buy stock, at kr184 per share. While that isn't the hugest buy, it actually boosted their shareholding by 200%, which is good to see.

Check out our latest analysis for OEM International

The Last 12 Months Of Insider Transactions At OEM International

In fact, the recent purchase by Asa Winberg was the biggest purchase of OEM International shares made by an insider individual in the last twelve months, according to our records. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr212. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

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!

insider-trading-volume
OM:OEM B Insider Trading Volume January 6th 2022

OEM International is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of OEM International

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. A high insider ownership often makes company leadership more mindful of shareholder interests. OEM International insiders own about kr2.4b worth of shares (which is 17% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The OEM International Insider Transactions Indicate?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about OEM International. One for the watchlist, at least! 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. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of OEM International.

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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