Chief Executive Officer of Wallenstam Hans Wallenstam Buys 1.1% More Shares

Wallenstam AB (publ) (STO:WALL B) shareholders (or potential shareholders) will be happy to see that the Chief Executive Officer, Hans Wallenstam, recently bought a whopping kr28m worth of stock, at a price of kr47.00. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 1.1%.

Check out our latest analysis for Wallenstam

The Last 12 Months Of Insider Transactions At Wallenstam

Over the last year, we can see that the biggest insider sale was by the Director, Agneta Wallenstam, for kr98m worth of shares, at about kr49.00 per share. That means that an insider was selling shares at around the current price of kr47.56. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Agneta Wallenstam was the only individual insider to sell over the last year.

In the last twelve months insiders purchased 702.10k shares for kr33m. On the other hand they divested 2.00m shares, for kr98m. 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!

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 Wallenstam

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Wallenstam insiders own about kr11b worth of shares (which is 35% 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 Wallenstam Insiders?

It is good to see recent purchasing. But we can't say the same for the transactions over the last 12 months. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Wallenstam insiders are reasonably well aligned, and optimistic for the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Wallenstam has 1 warning sign we think you should be aware of.

Of course Wallenstam 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.