Insider Spends kr26m Buying More Shares In Exsitec Holding

Those following along with Exsitec Holding AB (publ) (STO:EXS) will no doubt be intrigued by the recent purchase of shares by Johan Kallblad, Chief Executive Officer of the company, who spent a stonking kr26m on stock at an average price of kr129. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 18%.

View our latest analysis for Exsitec Holding

Exsitec Holding Insider Transactions Over The Last Year

Notably, that recent purchase by Johan Kallblad is the biggest insider purchase of Exsitec Holding shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of kr125. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

While Exsitec Holding insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Exsitec Holding is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Exsitec Holding

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 Exsitec Holding insiders own 10.0% of the company, worth about kr168m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Exsitec Holding Tell Us?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Exsitec Holding. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Exsitec Holding has 1 warning sign we think you should be aware of.

Of course Exsitec Holding 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.