Peter Strand Bought 20% More Shares In Doxa \

Potential Doxa AB (publ) (STO:DOXA) shareholders may wish to note that insider Peter Strand recently bought kr5.1m worth of stock, paying kr5.10 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 20%.

See our latest analysis for Doxa

Doxa Insider Transactions Over The Last Year

Notably, that recent purchase by Peter Strand is the biggest insider purchase of Doxa shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of kr5.24. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Doxa insider decided to buy shares at close to current prices. Peter Strand was the only individual insider to buy shares in the last twelve months.

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!

Doxa is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Doxa 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. We usually like to see fairly high levels of insider ownership. Based on our data, Doxa insiders have about 2.8% of the stock, worth approximately kr43m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We consider this fairly low insider ownership.

What Might The Insider Transactions At Doxa Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Given that insiders also own a fair bit of Doxa we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Doxa. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Doxa.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

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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.