Cint Group Insider Confidence Rewarded, Stock Hits kr3.2b Market Cap

Insiders who bought Cint Group AB (publ) (STO:CINT) stock in the last 12 months were richly rewarded last week. The company's market value increased by kr292m as a result of the stock's 10% gain over the same period. In other words, the original €3.04m purchase is now worth €5.19m.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Cint Group

The Last 12 Months Of Insider Transactions At Cint Group

Over the last year, we can see that the biggest insider purchase was by Chief Executive Officer Giles Palmer for kr1.4m worth of shares, at about kr9.05 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr14.88. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Cint Group insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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

Cint Group Insiders Bought Stock Recently

It's good to see that Cint Group insiders have made notable investments in the company's shares. In total, insiders bought kr641k worth of shares in that time, and we didn't record any sales whatsoever. This could be interpreted as suggesting a positive outlook.

Does Cint Group Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It appears that Cint Group insiders own 4.1% of the company, worth about kr131m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Cint Group Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Cint Group. Looks promising! Of course, the future is what matters most. So if you are interested in Cint Group, you should check out this free report on analyst forecasts for the company.

Of course Cint 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.

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.