Have Zinzino Insiders Been Selling Stock?

Some Zinzino AB (publ) (STO:ZZ B) shareholders may be a little concerned to see that the Chief Executive Officer, Dag Pettersen, recently sold a substantial kr11m worth of stock at a price of kr286 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 3.0%.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

Zinzino Insider Transactions Over The Last Year

In fact, the recent sale by Dag Pettersen was the biggest sale of Zinzino shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of kr266. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

In total, Zinzino insiders sold more than they bought 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 want to know exactly who sold, for how much, and when, simply click on the graph below!

Check out our latest analysis for Zinzino

I will like Zinzino better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Zinzino

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. Zinzino insiders own 46% of the company, currently worth about kr4.4b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Zinzino Tell Us?

Insiders sold Zinzino shares recently, but they didn't buy any. Zooming out, the longer term picture doesn't give us much comfort. But since Zinzino is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Zinzino. While conducting our analysis, we found that Zinzino has 1 warning sign and it would be unwise to ignore this.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.