Stock Analysis

This Insider Has Just Sold Shares In Green Landscaping Group

Published
OM:GREEN

We wouldn't blame Green Landscaping Group AB (publ) (STO:GREEN) shareholders if they were a little worried about the fact that Per Sjostrand, the Independent Chairman of the Board recently netted about kr9.0m selling shares at an average price of kr65.70. That's a big disposal, and it decreased their holding size by 15%, which is notable but not too bad.

Check out our latest analysis for Green Landscaping Group

Green Landscaping Group Insider Transactions Over The Last Year

Notably, that recent sale by Per Sjostrand is the biggest insider sale of Green Landscaping Group shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even below the current price of kr69.90. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 15%of Per Sjostrand's holding.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

OM:GREEN Insider Trading Volume February 16th 2024

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

Does Green Landscaping Group Boast High 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. We usually like to see fairly high levels of insider ownership. It appears that Green Landscaping Group insiders own 12% of the company, worth about kr463m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Green Landscaping Group Tell Us?

Unfortunately, there has been more insider selling of Green Landscaping Group stock, than buying, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. On the plus side, Green Landscaping Group makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Green Landscaping Group.

Of course Green Landscaping Group 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 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.