Nasdaq
华尔街日报Insider Spends €143k Buying More Shares In Aktia Pankki Oyj
Potential Aktia Pankki Oyj (HEL:AKTIA) shareholders may wish to note that the Vice Chairman, Joakim Frimodig, recently bought €143k worth of stock, paying €11.89 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 58%.
Aktia Pankki Oyj Insider Transactions Over The Last Year
Notably, that recent purchase by Joakim Frimodig is the biggest insider purchase of Aktia Pankki Oyj shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of €12.12. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider bought shares at close to current prices. The only individual insider to buy over the last year was Joakim Frimodig.
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 Aktia Pankki Oyj
Aktia Pankki Oyj is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Does Aktia Pankki Oyj Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Aktia Pankki Oyj insiders have about 0.4% of the stock, worth approximately €3.6m. But they may have an indirect interest through a corporate structure that we haven't picked up on. We prefer to see high levels of insider ownership.
So What Do The Aktia Pankki Oyj Insider Transactions Indicate?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Aktia Pankki Oyj insiders are expecting a bright 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. You'd be interested to know, that we found 3 warning signs for Aktia Pankki Oyj and we suggest you have a look.
Of course Aktia Pankki 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.