Yahoo Finance President & CEO Henri de Sauvage-Nolting Just Bought 12% More Shares In Cloetta AB (publ) (STO:CLA B)
Even if it's not a huge purchase, we think it was good to see that Henri de Sauvage-Nolting, the President & CEO of Cloetta AB (publ) (STO:CLA B) recently shelled out kr223k to buy stock, at kr22.30 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 12%.
Check out our latest analysis for Cloetta
The Last 12 Months Of Insider Transactions At Cloetta
The insider, Jacob Broberg, made the biggest insider sale in the last 12 months. That single transaction was for kr1.2m worth of shares at a price of kr29.55 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of kr22.58. So it may not tell us anything about how insiders feel about the current share price.
In the last twelve months insiders purchased 84.39k shares for kr2.4m. But they sold 44965 shares for kr1.3m. Overall, Cloetta insiders were net buyers during the last year. The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does Cloetta Boast High Insider Ownership?
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. Insiders own 3.1% of Cloetta shares, worth about kr204m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The Cloetta Insider Transactions Indicate?
It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Cloetta. That's what I like to see! 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. Case in point: We've spotted 3 warning signs for Cloetta you should be aware of.
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, but not derivative transactions.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
