Stock Analysis

An Insider At Surgical Science Sweden Lowered Their Holding Recently

OM:SUS
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Looking at Surgical Science Sweden AB (publ)'s (STO:SUS ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

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Surgical Science Sweden Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Director, Jan Bengtsson, for kr105m worth of shares, at about kr150 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is kr136. So it may not shed much light on insider confidence at current levels. Jan Bengtsson was the only individual insider to sell shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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OM:SUS Insider Trading Volume March 16th 2024

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Insider Ownership Of Surgical Science Sweden

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Surgical Science Sweden insiders own 31% of the company, worth about kr2.1b. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Surgical Science Sweden Insiders?

The fact that there have been no Surgical Science Sweden insider transactions recently certainly doesn't bother us. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Surgical Science Sweden insider transactions don't fill us with confidence. Of course, the future is what matters most. So if you are interested in Surgical Science Sweden, you should check out this free report on analyst forecasts for the company.

Of course Surgical Science Sweden 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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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.