TC TECH Sweden AB (publ) (STO:TCT) drops to SEK 106 million and insiders who bought earlier this year lose another SEK 61,000
The recent price decline of 13% in TC TECH Sweden AB (publ)’s (STO:TCT) stock may have disappointed insiders who bought SEK 443,000 worth of shares at an average price of SEK 4.85 over the past 12 months. Insiders invest with the hope of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth SEK 382,000, which is not what they expected.
While we would never suggest that investors base their decisions solely on what the directors of a company have done, we think it makes perfect sense to keep track of what insiders are doing.
If you are not interested in investigating TCT’s insider trading, we have one free list of interesting investment ideas that could potentially inspire your next investment!
The last 12 months of insider transactions at TC TECH Sweden
While no particular insider transaction stood out, we can still look at the overall trade.
During the last twelve months, TC TECH Sweden’s insiders have bought shares but not sold. Their average price was around SEK 4.85. I would consider this positive as it suggests that insiders see value around the current price, which is SEK 4.18. The chart below shows insider transactions (by companies and individuals) over the past year. By clicking on the graph below, you can see the exact details of each insider trade!
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 buy.
Does TC TECH Sweden have high insider ownership?
Many investors like to check how much of a company is owned by insiders. Typically, the higher the insider ownership, the more likely it is that insiders will be motivated to build the company for the long term. TC TECH Sweden insiders own shares worth approximately SEK 59 million (which is 55% of the company). I like to see this level of insider ownership, as it increases the chances that management has the best interests of shareholders in mind.
What can the insider transactions at TC TECH Sweden tell us?
It doesn’t really mean much that no insider has traded TC TECH Sweden shares in the last quarter. But insiders have shown more appetite for the stock over the past year. Judging by their transactions, and high insider ownership, TC TECH Sweden’s insiders feel good about the company’s future. So while it’s good to know what insiders are doing when it comes to buying or selling, it’s also good to know what risks a particular company faces. For example, TC TECH Sweden has it 4 warning signs (and 2 that are significant) we think you should know.
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 those individuals who report their transactions to the relevant regulatory body. We currently report 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 by 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 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 fundamental data. Note that our analysis may not take into account recent price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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