This Insider Has Just Sold Shares In Storytel

We wouldn't blame Storytel AB (publ) (STO:STORY B) shareholders if they were a little worried about the fact that Jonas Tellander, the Vice Chairman & Founder recently netted about kr44m selling shares at an average price of kr68.06. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 5.3%.

Check out our latest analysis for Storytel

The Last 12 Months Of Insider Transactions At Storytel

Notably, that recent sale by Jonas Tellander is the biggest insider sale of Storytel shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of kr66.30. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Over the last year, we can see that insiders have bought 268.45k shares worth kr15m. On the other hand they divested 985.00k shares, for kr63m. In total, Storytel insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership Of Storytel

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Storytel insiders own about kr999m worth of shares. That equates to 20% 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.

What Might The Insider Transactions At Storytel Tell Us?

The insider sales have outweighed the insider buying, at Storytel, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that Storytel has 1 warning sign and it would be unwise to ignore this.

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.