Mats Qviberg Buys Handful Of Shares In Bilia

Those following along with Bilia AB (publ) (STO:BILI A) will no doubt be intrigued by the recent purchase of shares by Mats Qviberg, Chairman of the company, who spent a stonking kr5.7m on stock at an average price of kr115. While that only increased their holding size by 0.4%, it is still a big swing by our standards.

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Bilia Insider Transactions Over The Last Year

In fact, the recent purchase by Mats Qviberg was the biggest purchase of Bilia shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of kr118 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Bilia share holders is that insiders were buying at near the current price.

Over the last year, we can see that insiders have bought 130.19k shares worth kr15m. On the other hand they divested 413.00 shares, for kr53k. In total, Bilia insiders bought more than they sold 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!

View our latest analysis for Bilia

Bilia is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with 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. I reckon it's a good sign if insiders own a significant number of shares in the company. Bilia insiders own 32% of the company, currently worth about kr3.5b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Bilia Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Bilia. Nice! 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. When we did our research, we found 2 warning signs for Bilia (1 makes us a bit uncomfortable!) that we believe deserve your full attention.

But note: Bilia 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 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.