Freja eID Group Insiders Up kr6.2m On kr8.64m Investment

Insiders who bought Freja eID Group AB (publ) (STO:FREJA) in the last 12 months may probably not pay attention to the stock's recent 14% drop. After accounting for the recent loss, the kr8.64m worth of shares they purchased is now worth kr14.9m, suggesting a good return on their investment.

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 Freja eID Group

Freja eID Group Insider Transactions Over The Last Year

The Co-Founder & CFO Jakub Missuna made the biggest insider purchase in the last 12 months. That single transaction was for kr8.6m worth of shares at a price of kr3.75 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr6.46. 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.

In the last twelve months insiders purchased 2.30m shares for kr8.6m. But they sold 1.23m shares for kr5.1m. In total, Freja eID Group insiders bought more than they sold over the last year. 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!

Freja eID Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Freja eID 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. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that Freja eID Group insiders own 6.1% of the company, worth about kr7.9m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Freja eID Group Tell Us?

It doesn't really mean much that no insider has traded Freja eID Group shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Freja eID Group stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Freja eID Group. At Simply Wall St, we've found that Freja eID Group has 6 warning signs (2 are a bit concerning!) that deserve your attention before going any further with your analysis.

But note: Freja eID Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.