Insider Spends kr20m Buying More Shares In Ranplan Group

Those following along with Ranplan Group AB (STO:RPLAN) will no doubt be intrigued by the recent purchase of shares by Per Anders Lindberg, Chief Executive Officer of the company, who spent a stonking kr20m on stock at an average price of kr1.20. That purchase boosted their holding by 183%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.

See our latest analysis for Ranplan Group

The Last 12 Months Of Insider Transactions At Ranplan Group

In fact, the recent purchase by Per Anders Lindberg was the biggest purchase of Ranplan Group shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being kr1.02). 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 an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Per Anders Lindberg.

Per Anders Lindberg bought a total of 16.68m shares over the year at an average price of kr1.20. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Ranplan Group insiders own 79% of the company, currently worth about kr24m 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 Ranplan Group Insider Transactions Indicate?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. 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 Ranplan Group. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Ranplan Group. Our analysis shows 5 warning signs for Ranplan Group (4 are concerning!) and we strongly recommend you look at these before investing.

But note: Ranplan 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.