Insider Sellers Might Regret Selling TCECUR Sweden Shares at a Lower Price Than Current Market Value

Despite the fact that TCECUR Sweden AB (publ)'s (NGM:TCC A) value has dropped 11% in the last week insiders who sold kr5.8m worth of stock in the past 12 months have had less success. Insiders might have been better off holding onto their shares, given that the average selling price of kr46.16 is still below the current share price.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for TCECUR Sweden

The Last 12 Months Of Insider Transactions At TCECUR Sweden

In the last twelve months, the biggest single sale by an insider was when the insider, Klas Zetterman, sold kr2.3m worth of shares at a price of kr46.40 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is kr26.50. So it may not shed much light on insider confidence at current levels.

In the last twelve months insiders purchased 33.91k shares for kr729k. But insiders sold 125.00k shares worth kr5.8m. Over the last year we saw more insider selling of TCECUR Sweden shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like TCECUR Sweden 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 TCECUR Sweden

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that TCECUR Sweden insiders own about kr20m worth of shares (which is 7.5% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At TCECUR Sweden Tell Us?

The fact that there have been no TCECUR Sweden insider transactions recently certainly doesn't bother us. Our analysis of TCECUR Sweden insider transactions leaves us cautious. The modest level of insider ownership is, at least, some comfort. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing TCECUR Sweden. Case in point: We've spotted 2 warning signs for TCECUR Sweden you should be aware of.

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.