Hanza Founder Acquires 1.7% More Stock

Even if it's not a huge purchase, we think it was good to see that Erik Stenfors, the Founder of Hanza AB (publ) (STO:HANZA) recently shelled out kr734k to buy stock, at kr73.41 per share. However, it only increased their shares held by 1.7%, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for Hanza

The Last 12 Months Of Insider Transactions At Hanza

The Senior VP & COO, Andreas Nordin, made the biggest insider sale in the last 12 months. That single transaction was for kr18m worth of shares at a price of kr87.00 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (kr71.70). So it may not tell us anything about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 20.00k shares worth kr1.4m. But they sold 298.09k shares for kr25m. Over the last year we saw more insider selling of Hanza shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Hanza

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Hanza insiders own about kr1.4b worth of shares (which is 48% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Hanza Tell Us?

It is good to see the recent insider purchase. However, the longer term transactions are not so encouraging. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Hanza insiders are reasonably well aligned, and optimistic for the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. While conducting our analysis, we found that Hanza has 1 warning sign and it would be unwise to ignore it.

But note: Hanza 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.