Independent Director Of Swedish Logistic Property Sold 100% Of Their Shares

Some Swedish Logistic Property AB (STO:SLP B) shareholders may be a little concerned to see that the Independent Director, Jacob Karlsson, recently sold a substantial kr11m worth of stock at a price of kr41.26 per share. That diminished their holding by a very significant 100%, which arguably implies a strong desire to reallocate capital.

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The Last 12 Months Of Insider Transactions At Swedish Logistic Property

In fact, the recent sale by Jacob Karlsson was the biggest sale of Swedish Logistic Property shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of kr40.30. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Swedish Logistic Property insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for Swedish Logistic Property

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Does Swedish Logistic Property 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. Swedish Logistic Property insiders own about kr1.2b worth of shares (which is 11% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Swedish Logistic Property Insiders?

An insider hasn't bought Swedish Logistic Property stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. But since Swedish Logistic Property is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. 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. For instance, we've identified 3 warning signs for Swedish Logistic Property (1 shouldn't be ignored) you should be aware of.

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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.