Have Dynavox Group Insiders Been Selling Stock?

Some Dynavox Group AB (publ) (STO:DYVOX) shareholders may be a little concerned to see that the Director, Henrik Eskilsson, recently sold a substantial kr22m worth of stock at a price of kr112 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 5.1%.

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The Last 12 Months Of Insider Transactions At Dynavox Group

Notably, that recent sale by Henrik Eskilsson is the biggest insider sale of Dynavox Group shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of kr110. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

In the last twelve months insiders purchased 8.13k shares for kr490k. On the other hand they divested 365.00k shares, for kr36m. All up, insiders sold more shares in Dynavox Group than they bought, over the last year. 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!

See our latest analysis for Dynavox Group

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Dynavox Group insiders own about kr549m worth of shares. That equates to 4.7% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Dynavox Group Tell Us?

The stark truth for Dynavox Group is that there has been more insider selling than insider buying in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. But since Dynavox Group is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Dynavox Group. In terms of investment risks, we've identified 3 warning signs with Dynavox Group and understanding these should be part of your investment process.

But note: Dynavox 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.