Independent Director Stefan Persson just bought 400% more shares in Lammhults Design Group AB (publ) (STO: LAMM B)

0


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!

OM: LAMM B Insider trading volume August 22, 2021

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.

Insider ownership

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.

If you would rather consult with another company – one with potentially superior finances – then don’t miss this free list of interesting companies, which have a HIGH return on equity and low leverage.

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.

When trading Lammhults Design Group or any other investment, use the platform considered by many to be the gateway for professionals to the global market, Interactive Brokers. You get the cheapest * trading on stocks, options, futures, forex, bonds and funds from around the world from a single integrated account. Promoted

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.
*Interactive Brokers Ranked Least Expensive Broker By StockBrokers.com Online Annual Review 2020

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.


Share.

About Author

Comments are closed.