Chairman of the Board of Senzime Picks Up 21% More Stock

Whilst it may not be a huge deal, we thought it was good to see that the Senzime AB (publ) (STO:SEZI) Chairman of the Board, Per Wold-Olsen, recently bought kr611k worth of stock, for kr4.07 per share. That purchase might not be huge but it did increase their holding by 21%.

Our free stock report includes 4 warning signs investors should be aware of before investing in Senzime. Read for free now.

Senzime Insider Transactions Over The Last Year

In fact, the recent purchase by Chairman of the Board Per Wold-Olsen was not their only acquisition of Senzime shares this year. They previously made an even bigger purchase of kr1.2m worth of shares at a price of kr6.18 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being kr4.95). 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 an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Per Wold-Olsen was the only individual insider to buy during the last year.

Per Wold-Olsen bought 466.34k shares over the last 12 months at an average price of kr5.39. 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!

See our latest analysis for Senzime

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

Many investors like to check how much of a company is owned by 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. Insiders own 20% of Senzime shares, worth about kr129m. 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 Do The Senzime Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Senzime. Looks promising! 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 help with this, we've discovered 4 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in Senzime.

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 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.