Insider Spends kr1.1m Buying More Shares In Micro Systemation

Potential Micro Systemation AB (publ) (STO:MSAB B) shareholders may wish to note that the Chief Financial Officer, Tony Forsgren, recently bought kr1.1m worth of stock, paying kr40.89 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 275%, potentially signalling some real optimism.

Check out our latest analysis for Micro Systemation

Micro Systemation Insider Transactions Over The Last Year

In fact, the recent purchase by Tony Forsgren was the biggest purchase of Micro Systemation shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is kr44.60. 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. 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. In this case we're pleased to report that the insider purchases were made at close to current prices.

In the last twelve months Micro Systemation insiders were buying shares, but not selling. 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!

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

Does Micro Systemation Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own kr27m worth of Micro Systemation stock, about 3.3% of the company. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At Micro Systemation Tell Us?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. Insiders likely see value in Micro Systemation shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Micro Systemation. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Micro Systemation.

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.