The Independent Chairman of the Board of Samhällsbyggnadsbolaget i Norden AB (publ) (STO:SBB B), Lennart Schuss, Just Bought A Few More Shares

By
Simply Wall St
Published
May 07, 2022
OM:SBB B
Source: Shutterstock

Investors who take an interest in Samhällsbyggnadsbolaget i Norden AB (publ) (STO:SBB B) should definitely note that the Independent Chairman of the Board, Lennart Schuss, recently paid kr28.68 per share to buy kr2.9m worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

View our latest analysis for Samhällsbyggnadsbolaget i Norden

Samhällsbyggnadsbolaget i Norden Insider Transactions Over The Last Year

Notably, that recent purchase by Independent Chairman of the Board Lennart Schuss was not the only time they bought Samhällsbyggnadsbolaget i Norden shares this year. They previously made an even bigger purchase of kr8.5m worth of shares at a price of kr42.59 per share. That means that even when the share price was higher than kr26.98 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months insiders purchased 459.00k shares for kr20m. But they sold 10.50k shares for kr413k. In the last twelve months there was more buying than selling by Samhällsbyggnadsbolaget i Norden insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
OM:SBB B Insider Trading Volume May 7th 2022

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of Samhällsbyggnadsbolaget i Norden

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Samhällsbyggnadsbolaget i Norden insiders own about kr5.2b worth of shares (which is 12% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Samhällsbyggnadsbolaget i Norden Tell Us?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Samhällsbyggnadsbolaget i Norden. One for the watchlist, at least! 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. At Simply Wall St, we've found that Samhällsbyggnadsbolaget i Norden has 6 warning signs (2 are a bit unpleasant!) that deserve your attention before going any further with your analysis.

But note: Samhällsbyggnadsbolaget i Norden may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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, but not derivative transactions.

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