Mattias Perjos Bought 60% More Shares In Getinge

Those following along with Getinge AB (publ) (STO:GETI B) will no doubt be intrigued by the recent purchase of shares by Mattias Perjos, CEO, President & Director of the company, who spent a stonking kr10m on stock at an average price of kr175. That purchase boosted their holding by 60%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.

Check out our latest analysis for Getinge

Getinge Insider Transactions Over The Last Year

In fact, the recent purchase by Mattias Perjos was the biggest purchase of Getinge shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of kr175 per share to be enticing. 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. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices.

While Getinge insiders bought shares during the last year, they didn't sell. They paid about kr195 on average. I'd consider this a positive as it suggests insiders see value at around the current price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Getinge

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Getinge insiders own about kr82m worth of shares (which is 0.2% of the company). But they may have an indirect interest through a corporate structure that we haven't picked up on. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Getinge Tell Us?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Getinge shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Getinge has 2 warning signs we think you should be aware of.

Of course Getinge 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 of direct interests only, but not derivative transactions or indirect interests.

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