Paulo Gaspar Bought 17% More Shares In Scandi Standard

Investors who take an interest in Scandi Standard AB (publ) (STO:SCST) should definitely note that the Independent Vice Chairman of the Board, Paulo Gaspar, recently paid kr71.99 per share to buy kr4.0m worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 17%.

Check out our latest analysis for Scandi Standard

The Last 12 Months Of Insider Transactions At Scandi Standard

Over the last year, we can see that the biggest insider purchase was by Director Oystein Engebretsen for kr10m worth of shares, at about kr50.64 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr76.00. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Over the last year, we can see that insiders have bought 883.81k shares worth kr51m. But they sold 6.00k shares for kr350k. In total, Scandi Standard insiders bought more than they sold over the last year. Their average price was about kr58.05. To my mind it is good that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Scandi Standard 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

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Scandi Standard insiders own about kr711m worth of shares. That equates to 14% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Scandi Standard Insiders?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Scandi Standard. One for the watchlist, at least! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 2 warning signs for Scandi Standard you should know about.

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.