Insiders Sold I-Tech Prematurely At kr102 With Stock Trading Higher

Even though I-Tech AB (STO:ITECH) has fallen by 14% over the past week , insiders who sold kr1.3m worth of stock over the past year have had less luck. The average selling price of kr102 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

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The Last 12 Months Of Insider Transactions At I-Tech

In the last twelve months, the biggest single sale by an insider was when the CFO & Director of Operations, Magnus Henell, sold kr668k worth of shares at a price of kr105 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. The good news is that this large sale was at well above current price of kr84.00. So it may not tell us anything about how insiders feel about the current share price.

Over the last year we saw more insider selling of I-Tech shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Check out our latest analysis for I-Tech

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Have I-Tech Insiders Traded Recently?

Director Tomas Tedgren bought just kr9.9k worth of shares in that time. That's not much at all. So it is hard to draw any conclusion about how insiders are feeling about the stock, from these recent trades.

Does I-Tech Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. From our data, it seems that I-Tech insiders own 5.1% of the company, worth about kr52m. Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About I-Tech Insiders?

Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. Our analysis of I-Tech insider transactions leaves us cautious. The modest level of insider ownership is, at least, some comfort. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 2 warning signs for I-Tech that deserve your attention before buying any shares.

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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.