Stock Analysis

Raketech Group Holding's kr56m Market Cap Fall Books Insider Losses

OM:RAKE
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The recent 11% drop in Raketech Group Holding PLC's (STO:RAKE) stock could come as a blow to insiders who purchased €922.2k worth of stock at an average buy price of €16.18 over the past 12 months. Insiders invest with the hopes of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth €590.6k, which is not what they expected.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Raketech Group Holding

Raketech Group Holding Insider Transactions Over The Last Year

The insider, Oscar Karlsten, made the biggest insider sale in the last 12 months. That single transaction was for kr768k worth of shares at a price of kr19.21 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of kr10.36. So it is hard to draw any strong conclusion from it. Oscar Karlsten was the only individual insider to sell over the last year.

In the last twelve months insiders purchased 57.01k shares for kr922k. But insiders sold 40.00k shares worth kr768k. In the last twelve months there was more buying than selling by Raketech Group Holding insiders. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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OM:RAKE Insider Trading Volume June 4th 2024

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Raketech Group Holding

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 14% of Raketech Group Holding shares, worth about kr60m, 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 Raketech Group Holding Insiders?

It doesn't really mean much that no insider has traded Raketech Group Holding shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders own shares in Raketech Group Holding and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Raketech Group Holding. Case in point: We've spotted 2 warning signs for Raketech Group Holding you should be aware of.

But note: Raketech Group Holding 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 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.