Chief Financial Officer Heléne Öqvist Just Bought 1,200% More Shares In Swedish Stirling AB (publ) (STO:STRLNG)

Even if it's not a huge purchase, we think it was good to see that Heléne Öqvist, the Chief Financial Officer of Swedish Stirling AB (publ) (STO:STRLNG) recently shelled out kr86k to buy stock, at kr14.30 per share. Even though that isn't a massive buy, it did increase their holding by 1,200%, which is arguably a good sign.

Check out our latest analysis for Swedish Stirling

The Last 12 Months Of Insider Transactions At Swedish Stirling

In fact, the recent purchase by Heléne Öqvist was the biggest purchase of Swedish Stirling shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of kr14.96 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Swedish Stirling insider decided to buy shares at close to current prices. Heléne Öqvist was the only individual insider to buy shares in the last twelve months. Notably Heléne Öqvist was also the biggest seller.

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!

Swedish Stirling 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

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Swedish Stirling insiders own 32% of the company, worth about kr472m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Swedish Stirling Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Swedish Stirling. Looks promising! 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 help with this, we've discovered 4 warning signs (2 shouldn't be ignored!) that you ought to be aware of before buying any shares in Swedish Stirling.

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. 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.
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