Chief Executive officer Kevin Kviblad Just Bought 23% More Shares In Urb-it AB (publ) (STO:URBIT)

Whilst it may not be a huge deal, we thought it was good to see that the Urb-it AB (publ) (STO:URBIT) Chief Executive officer, Kevin Kviblad, recently bought kr116k worth of stock, for kr4.65 per share. That purchase might not be huge but it did increase their holding by 23%.

See our latest analysis for Urb-it

The Last 12 Months Of Insider Transactions At Urb-it

There wasn't any very large single transaction over the last year, but we can still observe some trading.

In the last twelve months Urb-it 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!

Urb-it is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Urb-it

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Urb-it insiders own 61% of the company, currently worth about kr576m 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.

What Might The Insider Transactions At Urb-it Tell Us?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Urb-it. One for the watchlist, at least! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Urb-it has 3 warning signs and it would be unwise to ignore these.

Of course Urb-it may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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.