Chief Commercial Officer of Jetpak Top Holding Rasmus Enderslev Buys 957,200% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Jetpak Top Holding AB (publ) (STO:JETPAK) Chief Commercial Officer, Rasmus Enderslev, recently bought kr861k worth of stock, for kr90.00 per share. Even though that isn't a massive buy, it did increase their holding by 957,200%, which is arguably a good sign.

View our latest analysis for Jetpak Top Holding

Jetpak Top Holding Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Chief Operating Officer, Rikard Liden, for kr1.2m worth of shares, at about kr85.00 per share. That means that an insider was selling shares at slightly below the current price (kr99.80). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was 100% of Rikard Liden's holding. The only individual insider seller over the last year was Rikard Liden.

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!

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 Jetpak Top Holding

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Based on our data, Jetpak Top Holding insiders have about 4.0% of the stock, worth approximately kr49m. However, it's possible that insiders might have an indirect interest through a more complex structure. We consider this fairly low insider ownership.

So What Does This Data Suggest About Jetpak Top Holding Insiders?

The recent insider purchase is heartening. On the other hand the transaction history, over the last year, isn't so positive. While recent transactions indicate confidence in Jetpak Top Holding, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. So they seem pretty well aligned, overall. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Jetpak Top Holding.

But note: Jetpak Top Holding 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, but not derivative transactions.

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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.