Insiders who purchased I-Tech AB (STO:ITECH) shares in the past 12 months are unlikely to be deeply impacted by the stock's 11% decline over the past week. After accounting for the recent loss, the kr1.49m worth of shares they purchased is now worth kr2.00m, suggesting a good return on their investment.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
The Chief Executive officer Markus Jönsson made the biggest insider purchase in the last 12 months. That single transaction was for kr500k worth of shares at a price of kr49.98 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of kr61.70. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
I-Tech insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for I-Tech
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).
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. Insiders own 7.1% of I-Tech shares, worth about kr53m, according to our data. We do generally prefer see higher levels of insider ownership.
There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in I-Tech and we see no evidence to suggest they are worried about the future. 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. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of I-Tech.
Of course I-Tech 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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