Investors who take an interest in Mangold Fondkommission AB (STO:MANG) should definitely note that the Chairman of the Board, Per-Arne Ahlgren, recently paid kr1,656 per share to buy kr1.2m worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.
The Last 12 Months Of Insider Transactions At Mangold Fondkommission
In fact, the recent purchase by Per-Arne Ahlgren was the biggest purchase of Mangold Fondkommission shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of kr1,730 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices. We note that Per-Arne Ahlgren was also the biggest seller.
Over the last year, we can see that insiders have bought 2.74k shares worth kr4.8m. But insiders sold 51.00 shares worth kr90k. Overall, Mangold Fondkommission insiders were net buyers during the last year. 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!
See our latest analysis for Mangold Fondkommission
Mangold Fondkommission is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Insider Ownership Of Mangold Fondkommission
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Mangold Fondkommission insiders own 83% of the company, worth about kr691m. 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 Mangold Fondkommission Insiders?
The recent insider purchase is 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 Mangold Fondkommission. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mangold Fondkommission. Be aware that Mangold Fondkommission is showing 2 warning signs in our investment analysis, and 1 of those shouldn't be ignored...
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
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.