Anton Westbergh Bought 4.0% More Shares In Embracer Group

Potential Embracer Group AB (publ) (STO:EMBRAC B) shareholders may wish to note that insider Anton Westbergh recently bought kr3.1m worth of stock, paying kr31.37 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 4.0%.

View our latest analysis for Embracer Group

Embracer Group Insider Transactions Over The Last Year

Notably, that recent purchase by Anton Westbergh is the biggest insider purchase of Embracer Group shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is kr32.25. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Embracer Group share holders is that an insider was buying at near the current price. Anton Westbergh was the only individual insider to buy during the last year.

Anton Westbergh bought 170.00k shares over the last 12 months at an average price of kr29.95. 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!

Embracer Group is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Embracer Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.6% of Embracer Group shares, worth about kr252m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Embracer Group Tell Us?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Embracer Group. One for the watchlist, at least! Of course, the future is what matters most. So if you are interested in Embracer Group, you should check out this free report on analyst forecasts for the company.

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.