Georgios Georgakopoulos Spends kr3.8m Buying Intrum Shares

Investors who take an interest in Intrum AB (publ) (STO:INTRUM) should definitely note that insider Georgios Georgakopoulos recently paid kr25.66 per share to buy kr3.8m worth of the stock. We reckon that's a good sign, especially since the purchase boosted their holding by 389%.

View our latest analysis for Intrum

The Last 12 Months Of Insider Transactions At Intrum

In fact, the recent purchase by Georgios Georgakopoulos was the biggest purchase of Intrum shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is kr28.38. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Intrum share holders is that insiders were buying at near the current price.

While Intrum insiders bought shares during the last year, they didn't sell. The average buy price was around kr28.38. This is nice to see since it implies that insiders might see value around current prices. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that Intrum insiders own about kr66m worth of shares (which is 1.9% of the company). We do generally prefer see higher levels of insider ownership.

So What Do The Intrum Insider Transactions Indicate?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Insiders likely see value in Intrum shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Intrum. You'd be interested to know, that we found 2 warning signs for Intrum and we suggest you have a look.

But note: Intrum may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.