Trade Alert: The Chairman of the Board Of Compare-IT Nordic AB (publ) (NGM:COMPIT), Leif Liljebrunn, Has Just Spent kr79k Buying 4.6% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Compare-IT Nordic AB (publ) (NGM:COMPIT) Chairman of the Board, Leif Liljebrunn, recently bought kr79k worth of stock, for kr1.62 per share. However, it only increased their shares held by 4.6%, and it wasn't a huge purchase by absolute value, either.

View our latest analysis for Compare-IT Nordic

Compare-IT Nordic Insider Transactions Over The Last Year

While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.

Happily, we note that in the last year insiders paid kr229k for 158.72k shares. On the other hand they divested 548.00k shares, for kr400k. In total, Compare-IT Nordic insiders sold more than they bought over the last year. They sold for an average price of about kr0.73. We don't gain confidence from insider selling below the recent share price, which is kr2.06. Since insiders sell for many reasons, we wouldn't put too much weight on it. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Compare-IT Nordic better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership of Compare-IT Nordic

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 16% of Compare-IT Nordic shares, worth about kr5.9m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Compare-IT Nordic Insiders?

It's certainly positive to see the recent insider purchases. On the other hand the transaction history, over the last year, isn't so positive. While recent transactions indicate confidence in Compare-IT Nordic, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. Overall they seem reasonably aligned. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 5 warning signs for Compare-IT Nordic (of which 4 are a bit concerning!) you should know about.

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, but not derivative transactions.

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