Johan Per Svensson Is The Founder of Raketech Group Holding PLC (STO:RAKE) And Just Spent €157k On Shares

Even if it's not a huge purchase, we think it was good to see that Johan Per Svensson, the Founder of Raketech Group Holding PLC (STO:RAKE) recently shelled out kr157k to buy stock, at kr15.69 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

See our latest analysis for Raketech Group Holding

The Last 12 Months Of Insider Transactions At Raketech Group Holding

In the last twelve months, the biggest single purchase by an insider was when Independent Director Benkt Svederman bought kr705k worth of shares at a price of kr7.05 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr18.10. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Happily, we note that in the last year insiders paid kr2.4m for 325.07k shares. But insiders sold 25.00k shares worth kr210k. In the last twelve months there was more buying than selling by Raketech Group Holding insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Raketech Group Holding insiders own 41% of the company, currently worth about kr241m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Raketech Group Holding Tell Us?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Raketech Group Holding. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Raketech Group Holding. In terms of investment risks, we've identified 3 warning signs with Raketech Group Holding and understanding these should be part of your investment process.

Of course Raketech Group Holding may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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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