Insider Spends kr9.7m Buying More Shares In Clas Ohlson

Those following along with Clas Ohlson AB (publ) (STO:CLAS B) will no doubt be intrigued by the recent purchase of shares by Kristofer Tonström, President & CEO of the company, who spent a stonking kr9.7m on stock at an average price of kr418. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 39%.

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Clas Ohlson Insider Transactions Over The Last Year

Notably, that recent purchase by Kristofer Tonström is the biggest insider purchase of Clas Ohlson shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of kr415. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. We note that Kristofer Tonström was also the biggest seller.

Over the last year, we can see that insiders have bought 30.54k shares worth kr13m. But they sold 18.82k shares for kr7.9m. Overall, Clas Ohlson insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Clas Ohlson

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Insider Ownership Of Clas Ohlson

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's great to see that Clas Ohlson insiders own 34% of the company, worth about kr8.9b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Clas Ohlson Tell Us?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Clas Ohlson. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Clas Ohlson. For example - Clas Ohlson has 1 warning sign we think you should be aware of.

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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.