Carlsberg Non-Executive Non-Independent Member of Supervisory Board Acquires 100% More Stock

Those following along with Carlsberg A/S (CPH:CARL B) will no doubt be intrigued by the recent purchase of shares by Jens Hjorth, Non-Executive Non-Independent Member of Supervisory Board of the company, who spent a stonking kr.8.9m on stock at an average price of kr.88,900. That increased their holding by a full 100%, which arguably implies the sort of confidence required for a shy sweet-natured nerd to ask the most popular kid in the school to go out on a date.

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Carlsberg Insider Transactions Over The Last Year

In fact, the recent purchase by Jens Hjorth was the biggest purchase of Carlsberg shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than kr.882 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Jens Hjorth was the only individual insider to buy shares in the last twelve months.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Carlsberg

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Carlsberg

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that Carlsberg insiders own about kr.39m worth of shares (which is 0.03% of the company). We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Carlsberg Insiders?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Carlsberg shares, given these transactions (along with notable insider ownership of the company). So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Carlsberg that deserve your attention before buying any shares.

But note: Carlsberg may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.