Don't Ignore The Insider Selling In Coor Service Management Holding

Investors may wish to note that the Senior Vice President of Business Development & Sales of Coor Service Management Holding AB, Jens Rasmussen, recently netted kr599k from selling stock, receiving an average price of kr48.58. It wasn't a huge sale, but it did reduce their holding by 15%. This does not instill confidence.

See our latest analysis for Coor Service Management Holding

The Last 12 Months Of Insider Transactions At Coor Service Management Holding

In fact, the recent sale by Jens Rasmussen was the biggest sale of Coor Service Management Holding shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below the current price (kr48.70). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 15% of Jens Rasmussen's holding.

In the last twelve months insiders purchased 22.91k shares for kr918k. But insiders sold 42.33k shares worth kr2.0m. Over the last year we saw more insider selling of Coor Service Management Holding shares, than buying. They sold for an average price of about kr48.39. It's not particularly great to see insiders were selling shares at below recent prices. Since insiders sell for many reasons, we wouldn't put too much weight on it. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership Of Coor Service Management Holding

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data suggests Coor Service Management Holding insiders own 0.4% of the company, worth about kr17m. We consider this fairly low insider ownership.

So What Does This Data Suggest About Coor Service Management Holding Insiders?

The stark truth for Coor Service Management Holding is that there has been more insider selling than insider buying in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Coor Service Management Holding. At Simply Wall St, we found 5 warning signs for Coor Service Management Holding that deserve your attention before buying any shares.

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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 of direct interests only, but not derivative transactions or indirect interests.

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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.