Have Insiders Sold ITAB Shop Concept Shares Recently?

We'd be surprised if ITAB Shop Concept AB (publ) (STO:ITAB) shareholders haven't noticed that an insider, Jesper Blomquist, recently sold kr1.2m worth of stock at kr8.54 per share. Equally important, that sale actually reduced their holding by a full 100% which hardly makes us feel bullish about the stock.

Check out our latest analysis for ITAB Shop Concept

ITAB Shop Concept Insider Transactions Over The Last Year

Notably, that recent sale by Jesper Blomquist is the biggest insider sale of ITAB Shop Concept shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of kr8.54. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does ITAB Shop Concept Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that ITAB Shop Concept insiders own 25% of the company, worth about kr461m. 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 ITAB Shop Concept Tell Us?

An insider hasn't bought ITAB Shop Concept stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that ITAB Shop Concept is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - ITAB Shop Concept has 2 warning signs we think you should be aware of.

But note: ITAB Shop Concept 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.