Don't Ignore The Insider Selling In Swedish Logistic Property

We wouldn't blame Swedish Logistic Property AB (STO:SLP B) shareholders if they were a little worried about the fact that Peter Strand, the Founder recently netted about kr40m selling shares at an average price of kr33.00. However, that sale only accounted for 6.6% of their holding, so arguably it doesn't say much about their conviction.

Check out our latest analysis for Swedish Logistic Property

The Last 12 Months Of Insider Transactions At Swedish Logistic Property

In the last twelve months, the biggest single purchase by an insider was when Independent Director Jacob Karlsson bought kr156m worth of shares at a price of kr30.00 per share. That implies that an insider found the current price of kr33.30 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. 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. Happily, the Swedish Logistic Property insider decided to buy shares at close to current prices. Jacob Karlsson was the only individual insider to buy during the last year. Notably Jacob Karlsson was also the biggest seller.

In total, Swedish Logistic Property insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart 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: insiders have been buying them).

Insider Ownership Of Swedish Logistic Property

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. Insiders own 7.6% of Swedish Logistic Property shares, worth about kr571m. 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 Do The Swedish Logistic Property Insider Transactions Indicate?

An insider sold Swedish Logistic Property shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. On the plus side, Swedish Logistic Property makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 4 warning signs for Swedish Logistic Property (1 shouldn't be ignored!) and we strongly recommend you look at these before investing.

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.