Have Insiders Sold Unlimited Travel Group UTG AB (publ) (STO:UTG) Shares Recently?

We note that the Unlimited Travel Group UTG AB (publ) (STO:UTG) Director, Anna Elam, recently sold kr275k worth of stock for kr8.49 per share. However we note that the sale only shrunk their holding by 2.9%.

Check out our latest analysis for Unlimited Travel Group UTG

The Last 12 Months Of Insider Transactions At Unlimited Travel Group UTG

In fact, the recent sale by Anna Elam was the biggest sale of Unlimited Travel Group UTG shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even below the current price of kr8.90. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 2.9% of Anna Elam's holding.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does Unlimited Travel Group UTG Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Unlimited Travel Group UTG insiders own about kr20m worth of shares. That equates to 38% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Unlimited Travel Group UTG Insider Transactions Indicate?

An insider sold Unlimited Travel Group UTG shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 6 warning signs for Unlimited Travel Group UTG you should be aware of, and 3 of these are a bit concerning.

But note: Unlimited Travel Group UTG 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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