This Insider Has Just Sold Shares In Quartiers Properties

We note that the Quartiers Properties AB (publ) (STO:QUART) Director, Andreas Bonnier, recently sold kr1.0m worth of stock for kr10.00 per share. However we note that the sale only shrunk their holding by 1.6%.

View our latest analysis for Quartiers Properties

Quartiers Properties Insider Transactions Over The Last Year

Notably, that recent sale by Andreas Bonnier is the biggest insider sale of Quartiers Properties shares that we've seen in the last year. That means that an insider was selling shares at slightly below the current price (kr13.40). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 1.6% of Andreas Bonnier's stake.

Happily, we note that in the last year insiders paid kr563k for 82.80k shares. On the other hand they divested 102.13k shares, for kr1.0m. Andreas Bonnier sold a total of 102.13k shares over the year at an average price of kr9.92. 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!

I will like Quartiers Properties better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, 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. We usually like to see fairly high levels of insider ownership. From our data, it seems that Quartiers Properties insiders own 12% of the company, worth about kr96m. But they may have an indirect interest through a corporate structure that we haven't picked up on. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Quartiers Properties Insiders?

The stark truth for Quartiers Properties is that there has been more insider selling than insider buying in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. While we like knowing 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. To that end, you should learn about the 4 warning signs we've spotted with Quartiers Properties (including 1 which is concerning).

Of course Quartiers Properties 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.