Stock Analysis

Christer Fahraeus Bought 22% More Shares In Checkin.Com Group

Published
OM:CHECK

Investors who take an interest in Checkin.Com Group AB (publ) (STO:CHECK) should definitely note that the Independent Director, Christer Fahraeus, recently paid kr15.78 per share to buy kr5.1m worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 22%.

See our latest analysis for Checkin.Com Group

The Last 12 Months Of Insider Transactions At Checkin.Com Group

In fact, the recent purchase by Christer Fahraeus was the biggest purchase of Checkin.Com Group shares made by an insider individual in the last twelve months, according to our records. We do like to see buying, but this purchase was made at well below the current price of kr18.95. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Checkin.Com Group insiders may have bought shares in the last year, but they didn't sell any. 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!

OM:CHECK Insider Trading Volume November 15th 2024

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Checkin.Com Group

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Checkin.Com Group insiders own 60% of the company, currently worth about kr342m 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.

So What Do The Checkin.Com Group Insider Transactions Indicate?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. 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 Checkin.Com Group. Nice! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that Checkin.Com Group has 3 warning signs and it would be unwise to ignore them.

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.