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Gustav Vadenbring Is The CFO & Secretary of Acroud AB (publ) (STO:ACROUD) And They Just Picked Up 267% More Shares
Whilst it may not be a huge deal, we thought it was good to see that the Acroud AB (publ) (STO:ACROUD) CFO & Secretary, Gustav Vadenbring, recently bought kr230k worth of stock, for kr2.87 per share. Even though that isn't a massive buy, it did increase their holding by 267%, which is arguably a good sign.
See our latest analysis for Acroud
Acroud Insider Transactions Over The Last Year
In fact, the recent purchase by Gustav Vadenbring was the biggest purchase of Acroud 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 kr2.94. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. Happily, the Acroud insider decided to buy shares at close to current prices. Gustav Vadenbring was the only individual insider to buy shares in the last twelve months.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of Acroud
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From looking at our data, insiders own kr14m worth of Acroud stock, about 4.2% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. I generally like to see higher levels of ownership.
What Might The Insider Transactions At Acroud Tell Us?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Acroud insiders are well aligned, and that they may think the share price is too low. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To help with this, we've discovered 4 warning signs (2 shouldn't be ignored!) that you ought to be aware of before buying any shares in Acroud.
But note: Acroud 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, but not derivative transactions.
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This article by Simply Wall St is general in nature. 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.
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About OM:ACROUD
Acroud
Engages in the development and operation of Software as a Service (SaaS) solutions in Sweden.
Undervalued with reasonable growth potential.