Stock Analysis

Insiders who bought this year lost kr117k as TC TECH Sweden AB (publ) (STO:TCT) sheds kr11m in value

OM:TCT
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The recent 11% drop in TC TECH Sweden AB (publ)'s (STO:TCT) stock could come as a blow to insiders who purchased kr373k worth of stock at an average buy price of kr6.45 over the past 12 months. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth kr255k, which is not great.

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

Check out our latest analysis for TC TECH Sweden

The Last 12 Months Of Insider Transactions At TC TECH Sweden

While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.

Per-Anders Johansson bought a total of 57.79k shares over the year at an average price of kr6.45. 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:TCT Insider Trading Volume March 7th 2022

TC TECH Sweden 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 TC TECH Sweden

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 10% of TC TECH Sweden shares, worth about kr8.8m, according to our data. 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!

What Might The Insider Transactions At TC TECH Sweden Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that TC TECH Sweden insiders are expecting 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. When we did our research, we found 3 warning signs for TC TECH Sweden (2 don't sit too well with us!) that we believe deserve your full attention.

Of course TC TECH Sweden 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, but not derivative transactions.

Valuation is complex, but we're here to simplify it.

Discover if TC TECH Sweden might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.