Insider Spends kr18m Buying More Shares In Bure Equity

Bure Equity AB (publ) (STO:BURE) shareholders (or potential shareholders) will be happy to see that the Director, Carl Bjorkman, recently bought a whopping kr18m worth of stock, at a price of kr281. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 3.0%.

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Bure Equity Insider Transactions Over The Last Year

In fact, the recent purchase by Director Carl Bjorkman was not their only trade of Bure Equity shares this year. Earlier in the year, they sold shares at a price ofkr395 per share in a -kr39m transaction. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is kr290. So it may not tell us anything about how insiders feel about the current share price.

In the last twelve months insiders purchased 117.43k shares for kr39m. But insiders sold 105.00k shares worth kr42m. In total, Bure Equity insiders sold more than they bought over the last year. The sellers received a price of around kr396, on average. We are not joyful about insider selling. But we note that the selling, on average, was at well above the recently traded price of kr290. 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!

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Insider Ownership

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. I reckon it's a good sign if insiders own a significant number of shares in the company. Bure Equity insiders own about kr5.1b worth of shares (which is 24% of the company). 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 Does This Data Suggest About Bure Equity Insiders?

The recent insider purchases are heartening. On the other hand the transaction history, over the last year, isn't so positive. The high levels of insider ownership, and the recent buying by some insiders suggests they are well aligned and optimistic. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Bure Equity.

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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.