This Insider Has Just Sold Shares In TCECUR Sweden

Anyone interested in TCECUR Sweden AB (publ) (NGM:TCC A) should probably be aware that the President & Group CEO, Klas Zetterman, recently divested kr2.3m worth of shares in the company, at an average price of kr46.40 each. The eyebrow raising move amounted to a reduction of 15% in their holding.

Check out our latest analysis for TCECUR Sweden

The Last 12 Months Of Insider Transactions At TCECUR Sweden

In fact, the recent sale by Klas Zetterman was the biggest sale of TCECUR Sweden shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was slightly below the current price of kr46.50, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 15% of Klas Zetterman's holding.

In the last year TCECUR Sweden insiders didn't buy any company stock. 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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

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. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 6.1% of TCECUR Sweden shares, worth about kr27m, according to our data. However, it's possible that insiders might have an indirect interest through a more complex structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About TCECUR Sweden Insiders?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, TCECUR Sweden makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! 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, but not derivative transactions.

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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.