Chairman of the Board of InfraCom Group Picks Up 3.3% More Stock

Even if it's not a huge purchase, we think it was good to see that Oskar Safstrom, the Chairman of the Board of InfraCom Group AB (publ) (NGM:INFRA) recently shelled out kr975k to buy stock, at kr17.10 per share. However, it only increased their shares held by 3.3%, and it wasn't a huge purchase by absolute value, either.

Check out our latest analysis for InfraCom Group

InfraCom Group Insider Transactions Over The Last Year

In fact, the recent purchase by Oskar Safstrom was the biggest purchase of InfraCom Group shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of kr17.30. 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. Happily, the InfraCom Group insider decided to buy shares at close to current prices. Oskar Safstrom was the only individual insider to buy shares in the last twelve months.

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!

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

Insider Ownership Of InfraCom Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. InfraCom Group insiders own 60% of the company, currently worth about kr362m 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.

So What Do The InfraCom Group Insider Transactions Indicate?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about InfraCom Group. That's what I like to see! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 4 warning signs for InfraCom Group (1 is concerning!) and we strongly recommend you look at these before investing.

Of course InfraCom Group 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 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.