Insider Spends kr774k Buying More Shares In Midsona

Whilst it may not be a huge deal, we thought it was good to see that the Midsona AB (publ) (STO:MSON B) Director, Johan Wester, recently bought kr774k worth of stock, for kr8.15 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 41%.

See our latest analysis for Midsona

The Last 12 Months Of Insider Transactions At Midsona

In fact, the recent purchase by Johan Wester was the biggest purchase of Midsona shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being kr8.05). 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. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

In the last twelve months Midsona insiders were buying shares, but not 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!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Midsona

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Midsona insiders own about kr95m worth of shares (which is 8.1% of the company). We do generally prefer see higher levels of insider ownership.

So What Do The Midsona Insider Transactions Indicate?

It is good to see recent purchasing. 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. Insiders likely see value in Midsona shares, given these transactions (along with notable insider ownership of the company). Of course, the future is what matters most. So if you are interested in Midsona, you should check out this free report on analyst forecasts for the company.

But note: Midsona 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.