Thomas Ekman Is The President & CEO of Dustin Group AB (publ) (STO:DUST) And They Just Picked Up 57% More Shares

Investors who take an interest in Dustin Group AB (publ) (STO:DUST) should definitely note that the President & CEO, Thomas Ekman, recently paid kr99.87 per share to buy kr2.3m worth of the stock. We reckon that's a good sign, especially since the purchase boosted their holding by 57%.

Check out our latest analysis for Dustin Group

Dustin Group Insider Transactions Over The Last Year

Notably, that recent purchase by Thomas Ekman is the biggest insider purchase of Dustin Group shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is kr102. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. In this case we're pleased to report that the insider bought shares at close to current prices. Thomas Ekman was the only individual insider to buy during 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!

Dustin Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Dustin Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.7% of Dustin Group shares, worth about kr67m, according to our data. But they may have an indirect interest through a corporate structure that we haven't picked up on. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Dustin Group Tell Us?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of Dustin Group we think they are probably pretty confident of a bright 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. You'd be interested to know, that we found 3 warning signs for Dustin Group and we suggest you have a look.

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, but not derivative transactions.

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