Potential Lammhults Design Group AB (released) (STO: LAMM B) Shareholders may wish to note that the independent director, Stefan Persson, recently bought for 1.8 million crowns of shares, paying 43.92 crowns for each share. This certainly makes us anticipate the best, especially as they have thus increased their own stake by 400%, potentially signaling real optimism.
See our latest review for Lammhults Design Group
The last 12 months of insider trading at Lammhults Design Group
Notably, this recent purchase by Stefan Persson is the biggest insider buy of Lammhults Design Group shares we’ve seen in the past year. This implies that an insider found the current price of Kroner 44.70 per share attractive. This means that they have been optimistic about the company in the past, even though they may have changed their minds. We always love to see insider buys, but it should be noted if those buys were made at a price much lower than today’s share price as the discount to value may have been reduced with increasing price. In this case, we are happy to report that the insider bought shares at prices close to current prices. Stefan Persson was the only individual insider to buy shares in the past twelve months.
You can see insider trading (by companies and individuals) over the past year shown in the graph below. If you want to know exactly who sold, for how much and when, just click on the graph below!
Lammhults Design Group isn’t the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider buys, might be just the ticket.
I like to look at how many shares insiders own in a company, to help inform my perspective on their alignment with insiders. Strong insider ownership often makes company management more concerned with the interests of shareholders. Insiders own 12% of the shares of Lammhults Design Group, worth around SEK 47 million, according to our data. However, it is possible that insiders will have an indirect interest through a more complex structure. We generally prefer to see higher levels of insider ownership.
What could insider trading tell us at Lammhults Design Group?
It’s certainly positive to see the recent insider buy. We also trust the longer term picture of insider trading. But on the other hand, the company has made a loss in the last year, which makes us a little cautious. Insiders likely see value in shares of Lammhults Design Group, given these transactions (as well as notable insider ownership of the company). While we love to know what’s going on with insider ownership and trading, we also make sure to consider the risks a stock faces before making any investment decisions. For example, we have identified 2 warning signs for Lammhults Design Group (1 cannot be ignored) you must be aware.
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For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.
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