Insiders who bought this year lost SEK 117,000 when TC TECH Sweden AB (publ) (STO: TCT) lost SEK 11 million in value
Recent decline of 11% TC TECH Sweden AB (publ)’s (STO: TCT) share can come as a blow to insiders who bought shares for SEK 373,000 at an average purchase price of SEK 6.45 over the past 12 months. Insiders buy with the hope of seeing their investments increase in value over time. But due to the recent losses, their initial investment is now only worth SEK 255k, which is not good.
Even if we do not think that shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for TC TECH Sweden
The last 12 months of insider transactions at TC TECH Sweden
Even though there have been no major insider transactions in the last twelve months, it is still worth looking at the trade.
Per-Anders Johansson bought a total of 57.79,000 shares during the year at an average price of SEK 6.45. You can see the insider transactions (by companies and individuals) during the past year as shown in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, the individual and the date!
TC TECH Sweden are not the only stock insiders buying. So take a look at this free list of growing companies with insider buying.
Insider ownership of TC TECH Sweden
For a joint shareholder, it is worth checking how many shares are held by the company’s insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be motivated to build the company in the long run. Insiders own 10% of the shares in TC TECH Sweden, worth approximately SEK 8.8 million, according to our information. But they may have an indirect interest through a corporate structure that we have not picked up. Overall, this level of ownership is not that impressive, but it is really better than nothing!
What can the insider transactions at TC TECH Sweden tell us?
It’s really positive to see the latest insider purchase. And an analysis of the transactions over the past year also gives us confidence. But on the other hand, the company made a loss over the past year, which makes us a little cautious. We would really prefer to see higher levels of insider ownership, but analysis of the insider transactions indicates that TC TECH Sweden’s insiders expect a bright future. 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. When we did our research we found 3 warning signs for TC TECH Sweden (2 do not feel too good about us!) Which we believe deserves your full attention.
Obvious TC TECH Sweden may not be the best stock to buy. So you might want to see this free collection of high quality 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.
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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.