Chief Technology Officer Marcus Smedman Just Sold A Bunch Of Shares In Kindred Group plc (STO:KIND SDB)

Anyone interested in Kindred Group plc (STO:KIND SDB) should probably be aware that the Chief Technology Officer, Marcus Smedman, recently divested kr833k worth of shares in the company, at an average price of kr132 each. The eyebrow raising move amounted to a reduction of 39% in their holding.

Check out our latest analysis for Kindred Group

Kindred Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Co-Founder & Chairman Anders Strom for kr10m worth of shares, at about kr42.49 per share. We do like to see buying, but this purchase was made at well below the current price of kr133. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

In the last twelve months insiders purchased 700.60k shares for kr21m. But insiders sold 6.31k shares worth kr833k. Overall, Kindred Group insiders were net buyers during the last year. The average buy price was around kr30.62. We don't deny that it is nice to see insiders buying stock in the company. However, you should keep in mind that they bought when the share price was meaningfully below today's levels. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Kindred Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Kindred Group Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Kindred Group insiders own 4.1% of the company, worth about kr1.2b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Kindred Group Insider Transactions Indicate?

An insider sold Kindred Group shares recently, but they didn't buy any. But we take heart from prior transactions. And insider ownership remains quite considerable. So we're happy to look past recent trading. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Kindred Group. While conducting our analysis, we found that Kindred Group has 3 warning signs and it would be unwise to ignore them.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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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