
We wouldn't blame Remedy Entertainment Oyj (HEL:REMEDY) shareholders if they were a little worried about the fact that Sami Jarvi, the Creative Director recently netted about €2.9m selling shares at an average price of €14.50. That's a big disposal, and it decreased their holding size by 36%, which is notable but not too bad.
In fact, the recent sale by Sami Jarvi was the biggest sale of Remedy Entertainment Oyj shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of €13.70. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
View our latest analysis for Remedy Entertainment Oyj
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Remedy Entertainment Oyj insiders own 28% of the company, worth about €51m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
An insider sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Remedy Entertainment Oyj has 2 warning signs we think you should be aware of.
Of course Remedy Entertainment Oyj may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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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 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 stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.