An Insider At Smart Eye Lowered Their Holding Recently

Looking at Smart Eye AB (publ)'s (STO:SEYE ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Smart Eye

The Last 12 Months Of Insider Transactions At Smart Eye

Over the last year, we can see that the biggest insider sale was by the Founder & CEO, Martin Krantz, for kr3.1m worth of shares, at about kr57.74 per share. So what is clear is that an insider saw fit to sell at around the current price of kr57.20. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign. Martin Krantz was the only individual insider to sell over the last year.

Happily, we note that in the last year insiders paid kr2.4m for 22.30k shares. But they sold 94.05k shares for kr5.5m. Martin Krantz ditched 94.05k shares over the year. The average price per share was kr58.61. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Smart Eye better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insiders At Smart Eye Have Sold Stock Recently

The last three months saw significant insider selling at Smart Eye. In total, Founder & CEO Martin Krantz sold kr5.5m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.

Does Smart Eye Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company 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. It appears that Smart Eye insiders own 14% of the company, worth about kr289m. 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 Smart Eye Tell Us?

An insider sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Smart Eye. To help with this, we've discovered 3 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in Smart Eye.

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 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.