Independent Director of ProfilGruppen Mari-Katharina Kadowaki Buys 142% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the ProfilGruppen AB (publ) (STO:PROF B) Independent Director, Mari-Katharina Kadowaki, recently bought kr772k worth of stock, for kr91.91 per share. While that isn't the hugest buy, it actually boosted their shareholding by 142%, which is good to see.

View our latest analysis for ProfilGruppen

ProfilGruppen Insider Transactions Over The Last Year

Notably, that recent purchase by Independent Director Mari-Katharina Kadowaki was not the only time they bought ProfilGruppen shares this year. They previously made an even bigger purchase of kr819k worth of shares at a price of kr109 per share. That means that even when the share price was higher than kr93.00 (the recent price), an insider wanted to purchase shares. 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. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Mari-Katharina Kadowaki was the only individual insider to buy shares in the last twelve months.

Mari-Katharina Kadowaki purchased 32.49k shares over the year. The average price per share was kr100. 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!

ProfilGruppen is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

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. I reckon it's a good sign if insiders own a significant number of shares in the company. ProfilGruppen insiders own about kr245m worth of shares. That equates to 36% of the company. 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 Does This Data Suggest About ProfilGruppen Insiders?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest ProfilGruppen 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 ProfilGruppen. For example - ProfilGruppen has 3 warning signs we think you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.