Despite Hitting kr6.52, IMINT Image Intelligence AB (publ.) Insiders Still Sold Too Soon

IMINT Image Intelligence AB (publ.)'s (NGM:IMINT) stock price has dropped 11% in the previous week, but insiders who sold kr2.2m in stock over the past year have had less luck. The average selling price of kr18.65 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for IMINT Image Intelligence AB (publ.)

IMINT Image Intelligence AB (publ.) Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Öjvind Norberg, sold kr756k worth of shares at a price of kr20.20 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of kr6.52. So it is hard to draw any strong conclusion from it. Öjvind Norberg was the only individual insider to sell shares in the last twelve months.

Happily, we note that in the last year insiders paid kr198k for 17.52k shares. On the other hand they divested 118.54k shares, for kr2.2m. Öjvind Norberg divested 118.54k shares over the last 12 months at an average price of kr18.65. 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!

I will like IMINT Image Intelligence AB (publ.) better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that IMINT Image Intelligence AB (publ.) insiders own about kr4.3m worth of shares (which is 7.1% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About IMINT Image Intelligence AB (publ.) Insiders?

It doesn't really mean much that no insider has traded IMINT Image Intelligence AB (publ.) shares in the last quarter. We don't take much encouragement from the transactions by IMINT Image Intelligence AB (publ.) insiders. And usually insiders own more stock in the company, according to our data. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of IMINT Image Intelligence AB (publ.).

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 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.