Marcus Stenkil Bought 60% More Shares In Humble Group

Whilst it may not be a huge deal, we thought it was good to see that the Humble Group AB (publ) (STO:HUMBLE) Chief Operating Officer, Marcus Stenkil, recently bought kr542k worth of stock, for kr7.86 per share. Even though that isn't a massive buy, it did increase their holding by 60%, which is arguably a good sign.

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The Last 12 Months Of Insider Transactions At Humble Group

Over the last year, we can see that the biggest insider purchase was by Chief Financial Officer Johan Lennartsson for kr1.0m worth of shares, at about kr10.80 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being kr7.87). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months insiders purchased 524.36k shares for kr4.6m. On the other hand they divested 34.80k shares, for kr270k. In total, Humble Group insiders bought more than they sold over the last year. Their average price was about kr8.78. This is nice to see since it implies that insiders might see value around current prices. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Humble Group

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.

Does Humble Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 20% of Humble Group shares, worth about kr693m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Humble Group Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Humble Group insiders are well aligned, and quite possibly think the share price is too low. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Humble Group. Every company has risks, and we've spotted 2 warning signs for Humble Group you should know about.

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.