Trade Alert: The Director Of SJR in Scandinavia AB (publ) (STO:SJR B), Claes Ruthberg, Has Just Spent kr117k Buying 50% More Shares

Even if it's not a huge purchase, we think it was good to see that Claes Ruthberg, the Director of SJR in Scandinavia AB (publ) (STO:SJR B) recently shelled out kr117k to buy stock, at kr23.49 per share. That purchase might not be huge but it did increase their holding by 50%.

Check out our latest analysis for SJR in Scandinavia

SJR in Scandinavia Insider Transactions Over The Last Year

The Founder & Chairman, Per Ogunro, made the biggest insider sale in the last 12 months. That single transaction was for kr1.6m worth of shares at a price of kr32.60 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of kr24.05. So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Per Ogunro. Notably Per Ogunro was also the biggest buyer, having purchased kr244k worth of shares.

Over the last year, we can see that insiders have bought 12.50k shares worth kr244k. But they sold 50.00k shares for kr1.6m. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 31% of SJR in Scandinavia shares, worth about kr79m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About SJR in Scandinavia Insiders?

It is good to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. While recent transactions indicate confidence in SJR in Scandinavia, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. Overall they seem reasonably aligned. 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. Every company has risks, and we've spotted 2 warning signs for SJR in Scandinavia you should know about.

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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, but not derivative transactions.

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