With Qliro Up 15%, Insider Buyers Count Their Returns

Last week, Qliro AB (publ) (STO:QLIRO) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 15% last week, resulting in a kr51m increase in the company's market worth, implying a 29% gain on their initial purchase. Put another way, the original kr2.96m acquisition is now worth kr3.82m.

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.

Check out our latest analysis for Qliro

Qliro Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Chief Executive Officer Christoffer Rutgersson bought kr1.2m worth of shares at a price of kr15.98 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr21.20. 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 kr3.0m for 180.11k shares. On the other hand they divested 15.00k shares, for kr216k. Overall, Qliro insiders were net buyers during the last year. 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!

Qliro is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Qliro

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 12% of Qliro shares, worth about kr48m, according to our data. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Qliro Tell Us?

The fact that there have been no Qliro insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in Qliro and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Qliro. At Simply Wall St, we found 2 warning signs for Qliro that deserve your attention before buying any shares.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 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.