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The President & CEO of Orexo AB (publ) (STO:ORX), Nikolaj Sørensen, Just Bought 45% More Shares

Potential Orexo AB (publ) (STO:ORX) shareholders may wish to note that the President & CEO, Nikolaj Sørensen, recently bought kr1.3m worth of stock, paying kr61.63 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 45%.

View our latest analysis for Orexo

The Last 12 Months Of Insider Transactions At Orexo

In fact, the recent purchase by Nikolaj Sørensen was the biggest purchase of Orexo shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of kr65.30. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Orexo share holders is that insiders were buying at near the current price.

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In the last twelve months insiders purchased 49.25k shares for kr2.8m. On the other hand they divested 11080 shares, for kr777k. Overall, Orexo insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

OM:ORX Recent Insider Trading May 7th 2020
OM:ORX Recent Insider Trading May 7th 2020

Orexo is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Orexo

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. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 5.7% of Orexo shares, worth about kr125m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Orexo Insider Transactions Indicate?

The recent insider purchases are heartening. 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 Orexo. 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. At Simply Wall St, we've found that Orexo has 3 warning signs (2 make us uncomfortable!) that deserve your attention before going any further with your analysis.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, 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.