Chief Financial Officer Åsa Neving Just Bought 16% More Shares In Bravida Holding AB (publ) (STO:BRAV)

By
Simply Wall St
Published
February 19, 2022
OM:BRAV
Source: Shutterstock

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!

insider-trading-volume
OM:BRAV Insider Trading Volume February 19th 2022

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

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.

Discounted cash flow calculation for every stock

Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. It’s FREE.

Make Confident Investment Decisions

Simply Wall St's Editorial Team provides unbiased, factual reporting on global stocks using in-depth fundamental analysis.
Find out more about our editorial guidelines and team.