This NCAB Group Insider Reduced Their Stake By 45%

Insiders were net sellers of NCAB Group AB (publ)'s (STO:NCAB ) stock during the past year. That is, insiders sold more stock than they bought.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

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NCAB Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Independent Director, Gunilla Rudebjer, for kr2.0m worth of shares, at about kr66.24 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is kr52.00. So it is hard to draw any strong conclusion from it. Gunilla Rudebjer was the only individual insider to sell over the last year.

Over the last year, we can see that insiders have bought 20.00k shares worth kr777k. But insiders sold 30.00k shares worth kr2.0m. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for NCAB Group

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

Does NCAB Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that NCAB Group insiders own 3.3% of the company, worth about kr323m. 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 Do The NCAB Group Insider Transactions Indicate?

It doesn't really mean much that no insider has traded NCAB Group shares in the last quarter. While we feel good about high insider ownership of NCAB Group, we can't say the same about the selling of shares. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - NCAB Group has 2 warning signs we think you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 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.