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Even if it's not a huge purchase, we think it was good to see that Michael Holmberg, a Raketech Group Holding PLC (STO:RAKE) insider, recently shelled out kr210k to buy stock, at kr10.49 per share. That might not be a big purchase but it only increased their holding by 3.3%, and could be interpreted as a good sign.
See our latest analysis for Raketech Group Holding
The Last 12 Months Of Insider Transactions At Raketech Group Holding
There wasn't any very large single transaction over the last year, but we can still observe some trading.
In the last twelve months Raketech Group Holding insiders were buying shares, but not selling. 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!
Raketech Group Holding 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 Raketech Group Holding
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Raketech Group Holding insiders own 57% of the company, currently worth about kr219m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Do The Raketech Group Holding Insider Transactions Indicate?
The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Raketech Group Holding. Nice! Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Raketech Group Holding.
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.