How Many Confidence International AB (publ.) (STO:CONF) Shares Have Insiders Sold, In The Last Year?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So shareholders might well want to know whether insiders have been buying or selling shares in Confidence International AB (publ.) (STO:CONF).
What Is Insider Buying?
It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, most countries require that the company discloses such transactions to the market.
Insider transactions are not the most important thing when it comes to long-term investing. But it is perfectly logical to keep tabs on what insiders are doing. For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'.
Check out our latest analysis for Confidence International AB (publ.)
The Last 12 Months Of Insider Transactions At Confidence International AB (publ.)
There wasn't any very large single transaction over the last year, but we can still observe some trading.
Par Nilsson sold a total of 137.10k shares over the year at an average price of kr2.59. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
I will like Confidence International AB (publ.) better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does Confidence International AB (publ.) Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 36% of Confidence International AB (publ.) shares, worth about kr9.4m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About Confidence International AB (publ.) Insiders?
It doesn't really mean much that no insider has traded Confidence International AB (publ.) shares in the last quarter. Our analysis of Confidence International AB (publ.) 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 Confidence International AB (publ.). To that end, you should learn about the 3 warning signs we've spotted with Confidence International AB (publ.) (including 2 which are concerning).
Of course Confidence International AB (publ.) may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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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About OM:LEVEL
Nordic LEVEL Group AB (publ.)
Provides safety and security solutions primarily in Sweden.
Undervalued with excellent balance sheet.