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- OM:BRAV
Chief Financial Officer Åsa Neving Just Bought 16% More Shares In Bravida Holding AB (publ) (STO:BRAV)
- Published
- February 19, 2022
Whilst it may not be a huge deal, we thought it was good to see that the Bravida Holding AB (publ) (STO:BRAV) Chief Financial Officer, Åsa Neving, recently bought kr182k worth of stock, for kr121 per share. That purchase might not be huge but it did increase their holding by 16%.
Check out our latest analysis for Bravida Holding
The Last 12 Months Of Insider Transactions At Bravida Holding
The Chief Purchasing Officer, Lars Korduner, made the biggest insider sale in the last 12 months. That single transaction was for kr2.8m worth of shares at a price of kr129 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 kr116. So it may not shed much light on insider confidence at current levels.
Happily, we note that in the last year insiders paid kr4.6m for 37.64k shares. On the other hand they divested 59.43k shares, for kr7.6m. In total, Bravida Holding insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
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Does Bravida Holding Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 1.4% of Bravida Holding shares, worth about kr333m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Bravida Holding Tell Us?
The recent insider purchase is heartening. However, the longer term transactions are not so encouraging. The recent buying by an insider , along with high insider ownership, suggest that Bravida Holding insiders are fairly aligned, and optimistic. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 1 warning sign with Bravida Holding and understanding this should be part of your investment process.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.
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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.