Trade Alert: The Chairman Of Image Systems AB (STO:IS), Thomas Med Wernhoff, Has Just Spent kr677k Buying Shares

In This Article:

Even if it's not a huge purchase, we think it was good to see that Thomas Med Wernhoff, the Chairman of Image Systems AB (STO:IS) recently shelled out kr677k to buy stock, at kr1.46 per share. That might not be a big purchase but it only increased their holding by 4.3%, and could be interpreted as a good sign.

View our latest analysis for Image Systems

Image Systems Insider Transactions Over The Last Year

Notably, that recent purchase by Chairman Thomas Med Wernhoff was not the only time they bought Image Systems shares this year. They previously made an even bigger purchase of kr956k worth of shares at a price of kr1.80 per share. That means that an insider was happy to buy shares at above the current price of kr1.55. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Thomas Med Wernhoff was the only individual insider to buy over the year.

Thomas Med Wernhoff purchased 1.19m shares over the year. The average price per share was kr1.64. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

OM:IS Recent Insider Trading, December 30th 2019
OM:IS Recent Insider Trading, December 30th 2019

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Image Systems insiders own 26% of the company, worth about kr35m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Image Systems Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Image Systems shares, given these transactions (along with notable insider ownership of the company). If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

Of course Image Systems may not be the best stock to buy. So you may wish to see this free collection of high quality companies.