Some Europris ASA (OB:EPR) shareholders may be a little concerned to see that the Logistics Director & VP of Supply Chain, Pål Andersen, recently sold a whopping kr5.4m worth of stock at a price of kr35.70 per share. That diminished their holding by a very significant 56%, which arguably implies a strong desire to reallocate capital.
See our latest analysis for Europris
The Last 12 Months Of Insider Transactions At Europris
Notably, that recent sale by Pål Andersen is the biggest insider sale of Europris shares that we’ve seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of kr34.64. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn’t a major concern, though it’s hardly a good sign.
Happily, we note that in the last year insiders paid kr228k for 8.00k shares. But they sold 205000 shares for kr6.8m. All up, insiders sold more shares in Europris than they bought, over the last year. The sellers received a price of around kr33.26, on average. It’s not too encouraging to see that insiders have sold at below the current price. Of course, the sales could be motivated for a multitude of reasons, so we shouldn’t jump to conclusions. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Does Europris Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it’s a good sign if insiders own a significant number of shares in the company. Based on our data, Europris insiders have about 0.8% of the stock, worth approximately kr46m. We prefer to see high levels of insider ownership.
So What Does This Data Suggest About Europris Insiders?
The insider sales have outweighed the insider buying, at Europris, in the last three months. And our longer term analysis of insider transactions didn’t bring confidence, either. While insiders do own shares, they don’t own a heap, and they have been selling. So we’d only buy after careful consideration. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
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 [email protected]. 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.
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