Chief Executive Officer Kristina Lukes Just Bought 753% More Shares In Nelly Group AB (publ) (STO:NELLY)

Even if it's not a huge purchase, we think it was good to see that Kristina Lukes, the Chief Executive Officer of Nelly Group AB (publ) (STO:NELLY) recently shelled out kr290k to buy stock, at kr2.94 per share. While that isn't the hugest buy, it actually boosted their shareholding by 753%, which is good to see.

See our latest analysis for Nelly Group

The Last 12 Months Of Insider Transactions At Nelly Group

Over the last year, we can see that the biggest insider purchase was by insider Andreas Bernstrom for kr518k worth of shares, at about kr5.76 per share. That means that an insider was happy to buy shares at above the current price of kr3.47. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months Nelly Group insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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.

Does Nelly Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From looking at our data, insiders own kr12m worth of Nelly Group stock, about 1.9% of the company. We consider this fairly low insider ownership.

What Might The Insider Transactions At Nelly Group Tell Us?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Insiders likely see value in Nelly Group shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Nelly Group. Be aware that Nelly Group is showing 5 warning signs in our investment analysis, and 1 of those can't be ignored...

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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