Stock Analysis

Have Insiders Sold Mangold Fondkommission AB (STO:MANG) Shares Recently?

OM:MANG
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Investors may wish to note that the Head of Private Banking of Mangold Fondkommission AB, Alexander Marsh, recently netted kr221k from selling stock, receiving an average price of kr2,210. On the bright side, that's just a small sale and only reduced their holding by 3.2%.

View our latest analysis for Mangold Fondkommission

Mangold Fondkommission Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Independent Director, Birgit Hoffmann, for kr652k worth of shares, at about kr1,070 per share. That means that even when the share price was below the current price of kr2,500, an insider wanted to cash in some shares. 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 41% of Birgit Hoffmann's holding.

Happily, we note that in the last year insiders paid kr703k for 609.00 shares. But insiders sold 1.01k shares worth kr1.4m. In total, Mangold Fondkommission insiders sold more than they bought over the last year. The average sell price was around kr1,400. It's not too encouraging to see that insiders have sold at below the current price. But we wouldn't put too much weight on the insider selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
OM:MANG Insider Trading Volume March 19th 2021

I will like Mangold Fondkommission better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership of Mangold Fondkommission

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Mangold Fondkommission insiders own about kr1.0b worth of shares (which is 88% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Mangold Fondkommission Insiders?

The stark truth for Mangold Fondkommission is that there has been more insider selling than insider buying in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Mangold Fondkommission is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mangold Fondkommission. At Simply Wall St, we found 2 warning signs for Mangold Fondkommission that deserve your attention before buying any shares.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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