David Andreasson Is The CEO & President of Stockwik Förvaltning AB (publ) (STO:STWK) And They Just Picked Up 1.2% More Shares

Even if it's not a huge purchase, we think it was good to see that David Andreasson, the CEO & President of Stockwik Förvaltning AB (publ) (STO:STWK) recently shelled out kr109k to buy stock, at kr100 per share. However, it only increased their shares held by 1.2%, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for Stockwik Förvaltning

The Last 12 Months Of Insider Transactions At Stockwik Förvaltning

In fact, the recent purchase by CEO & President David Andreasson was not their only acquisition of Stockwik Förvaltning shares this year. They previously made an even bigger purchase of kr158k worth of shares at a price of kr97.80 per share. That means that an insider was happy to buy shares at around the current price of kr112. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Stockwik Förvaltning insider decided to buy shares at close to current prices. David Andreasson was the only individual insider to buy shares in the last twelve months.

David Andreasson bought 16.16k shares over the last 12 months at an average price of kr57.62. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Stockwik Förvaltning Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, Stockwik Förvaltning insiders have about 4.6% of the stock, worth approximately kr25m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. I generally like to see higher levels of ownership.

So What Does This Data Suggest About Stockwik Förvaltning Insiders?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. When combined with notable insider ownership, these factors suggest Stockwik Förvaltning insiders are well aligned, and that they may think the share price is too low. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 4 warning signs for Stockwik Förvaltning (of which 1 is a bit concerning!) you should know about.

Of course Stockwik Förvaltning may not be the best stock to buy. So you may wish to see this free collection of high quality 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, 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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