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Samhällsbyggnadsbolaget i Norden AB (publ) (STO:SBB B) shareholders (or potential shareholders) will be happy to see that the Director, Sven-Olof Johansson, recently bought a whopping kr9.3m worth of stock, at a price of kr23.00. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 1.6%.
Check out our latest analysis for Samhällsbyggnadsbolaget i Norden
Samhällsbyggnadsbolaget i Norden Insider Transactions Over The Last Year
In fact, the recent purchase by Sven-Olof Johansson was the biggest purchase of Samhällsbyggnadsbolaget i Norden shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being kr22.95). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Happily, we note that in the last year insiders paid kr34m for 1.73m shares. But they sold 71309 for kr2.0m. In total, Samhällsbyggnadsbolaget i Norden insiders bought more than they sold over the last year. Their average price was about kr19.82. Although they bought at below the recent share price, it is good to see that insiders are willing to invest in the company. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
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
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Samhällsbyggnadsbolaget i Norden insiders own 38% of the company, worth about kr8.0b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Samhällsbyggnadsbolaget i Norden Insiders?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Samhällsbyggnadsbolaget i Norden. Nice! Of course, the future is what matters most. So if you are interested in Samhällsbyggnadsbolaget i Norden, you should check out this free report on analyst forecasts for the company.