Insiders in Calmark Sweden AB (publ) (NGM: CALMA B) must have made a substantial sum after selling shares worth SEK 7.00 for SEK 7.50.
Despite the fact that the share in Calmark Sweden AB (publ) (NGM: CALMA B) rose by 19% last week, insiders who sold shares worth SEK 850,000 during the previous 12 months will probably be better off. Holding shares would have meant that their investment would be less worthwhile now than it was at the time of the sale. Selling at an average price of SEK 7.50, which is higher than the current price, may therefore have been the best decision.
Although we would never suggest that investors base their decisions solely on what a company’s executives have done, we would consider it foolish to ignore insider trading altogether.
Check out our latest analysis for Calmark Sweden
The last 12 months of insider transactions on Calmark Sweden
During the past year, we can see that the largest insider sale was made by the co-founder, Mathias Karlsson, for shares worth SEK 850,000, at approximately SEK 7.50 per share. So what is clear is that an insider saw is suitable for sale at around the current price of SEK 7.00. While insider sales are negative, it is more negative for us if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Mathias Karlsson was the only individual insider to sell in the past year.
You can see a visual depiction of insider transactions (of companies and individuals) during the last 12 months below. If you click on the chart, you can see all the individual transactions, including the share price, the individual and the date!
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Insider ownership
Another way to test the adjustment between the leaders of a company and other shareholders is to look at how many shares they own. High insider ownership often makes company management more aware of shareholders’ interests. Insiders owns 24% of the shares in Calmark Sweden, worth approximately SEK 47 million. This level of insider ownership is good but hardly to be particularly prominent. It really indicates a reasonable degree of adaptation.
So what does Calmark Sweden indicate insider transactions?
It does not really mean much that no insider has traded Calmark Sweden shares in the last quarter. Nevertheless, the insider trading at Calmark Sweden over the past 12 months has not been very encouraging. The modest level of insider ownership is at least some consolation. So these insider transactions can help us build a dissertation on the stock, but it is also worth knowing the risks that this company faces. For this purpose, you should learn more about 6 warning signs we have seen with Calmark Sweden (including 2 which are a bit unpleasant).
Obvious, You can find a great investment by looking elsewhere. So take a look at this free list of interesting companies.
In this article, insiders are the individuals who report their transactions to the relevant regulatory body. We currently report open market transactions and private transactions, but not derivative transactions.
This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst forecasts only using an impartial method and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any shares and does not take into account your goals or your financial situation. We strive to provide you with long-term focused analysis driven by basic data. Please note that our analysis may not take into account the latest price sensitive company announcements or qualitative material. Simply Wall St has no position in any of the shares mentioned.
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