Jonas Ahlberg Bought 12% More Shares In SaveLend Group

Even if it's not a huge purchase, we think it was good to see that Jonas Ahlberg, the Deputy Chief Executive Officer of SaveLend Group AB (publ) (STO:YIELD) recently shelled out kr595k to buy stock, at kr1.42 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 12%.

See our latest analysis for SaveLend Group

SaveLend Group Insider Transactions Over The Last Year

In fact, the recent purchase by Jonas Ahlberg was the biggest purchase of SaveLend Group shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of kr1.43. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months SaveLend Group insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

SaveLend Group is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Does SaveLend Group Boast High 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. SaveLend Group insiders own about kr17m worth of shares. That equates to 21% 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 SaveLend Group Insider Transactions Indicate?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest SaveLend Group 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. Our analysis shows 2 warning signs for SaveLend Group (1 doesn't sit too well with us!) and we strongly recommend you look at these before investing.

But note: SaveLend Group 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 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.