Positive Signs As Multiple Insiders Buy RVRC Holding Stock

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in RVRC Holding AB (publ)'s (STO:RVRC) instance, it's good news for shareholders.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for RVRC Holding

RVRC Holding Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Chief Executive Officer Paul Fischbein bought kr2.0m worth of shares at a price of kr40.40 per share. That means that an insider was happy to buy shares at around the current price of kr43.54. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for RVRC Holding share holders is that insiders were buying at near the current price.

Over the last year, we can see that insiders have bought 91.39k shares worth kr3.8m. But insiders sold 12.50k shares worth kr607k. In total, RVRC Holding 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. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

RVRC Holding is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

RVRC Holding Insiders Bought Stock Recently

Over the last quarter, RVRC Holding insiders have spent a meaningful amount on shares. Not only was there no selling that we can see, but they collectively bought kr2.4m worth of shares. This makes one think the business has some good points.

Insider Ownership Of RVRC Holding

Many investors like to check how much of a company is owned by 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. Based on our data, RVRC Holding insiders have about 0.8% of the stock, worth approximately kr38m. However, it's possible that insiders might have an indirect interest through a more complex structure. We consider this fairly low insider ownership.

So What Does This Data Suggest About RVRC Holding Insiders?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest RVRC Holding insiders are well aligned, and that they may think the share price is too low. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for RVRC Holding.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.