Director of Kambi Group Lars Patrick Clase Buys 15% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Kambi Group plc (STO:KAMBI) Director, Lars Patrick Clase, recently bought kr743k worth of stock, for kr92.88 per share. That purchase might not be huge but it did increase their holding by 15%.

View our latest analysis for Kambi Group

The Last 12 Months Of Insider Transactions At Kambi Group

Over the last year, we can see that the biggest insider purchase was by Chairman Anders Strom for kr3.0m worth of shares, at about kr198 per share. That means that even when the share price was higher than kr101 (the recent price), an insider wanted to purchase shares. 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. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Notably Anders Strom was also the biggest seller.

Over the last year, we can see that insiders have bought 65.79k shares worth kr11m. But insiders sold 49.75k shares worth kr9.2m. Overall, Kambi Group insiders were net buyers during the last year. The average buy price was around kr160. I'd consider this a positive as it suggests insiders see value at around the current price. 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!

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

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 3.6% of Kambi Group shares, worth about kr108m, according to our data. However, it's possible that insiders might have an indirect interest through a more complex structure. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Kambi Group Insiders?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Kambi Group. Looks promising! 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. Case in point: We've spotted 1 warning sign for Kambi Group you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.