Have Insiders Sold Scandi Standard AB (publ) (STO:SCST) Shares Recently?

Investors may wish to note that an insider of Scandi Standard AB (publ), Tommi Saksala, recently netted kr619k from selling stock, receiving an average price of kr60.75. It might not be a huge sale, but it did reduce their holding size 12%, hardly encouraging.

Check out our latest analysis for Scandi Standard

The Last 12 Months Of Insider Transactions At Scandi Standard

In the last twelve months, the biggest single purchase by an insider was when Director Oystein Engebretsen bought kr7.1m worth of shares at a price of kr64.64 per share. That means that an insider was happy to buy shares at above the current price of kr61.50. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Over the last year, we can see that insiders have bought 184.54k shares worth kr12m. On the other hand they divested 34.62k shares, for kr2.1m. In total, Scandi Standard insiders bought more than they sold over the last year. 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 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

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. Scandi Standard insiders own about kr121m worth of shares. That equates to 3.0% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Scandi Standard Insider Transactions Indicate?

Unfortunately, there has been more insider selling of Scandi Standard stock, than buying, in the last three months. But we take heart from prior transactions. And insider ownership remains quite considerable. So we're not too bothered by recent selling. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Scandi Standard.

Of course Scandi Standard 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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