Karnov Group Group CEO & President Acquires 41% More Stock

Whilst it may not be a huge deal, we thought it was good to see that the Karnov Group AB (publ) (STO:KAR) Group CEO & President, Pontus Bodelsson, recently bought kr833k worth of stock, for kr55.50 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 41%.

View our latest analysis for Karnov Group

The Last 12 Months Of Insider Transactions At Karnov Group

Over the last year, we can see that the biggest insider purchase was by Independent Chairman Magnus Mandersson for kr1.0m worth of shares, at about kr41.83 per share. Even though the purchase was made at a significantly lower price than the recent price (kr56.30), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Karnov Group insiders may have bought shares in the last year, but they didn't sell any. They paid about kr46.80 on average. To my mind it is good that insiders have invested their own money in the company. But we must note that the investments were made at well below today's share price. 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!

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

Does Karnov Group Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.9% of Karnov Group shares, worth about kr52m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Karnov Group Tell Us?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Karnov Group insiders are well aligned, and that they may think the share price is too low. 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've found that Karnov Group has 3 warning signs (1 is significant!) that deserve your attention before going any further with your analysis.

Of course Karnov Group 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.