The CFO & Head of Investor Relations of Green Landscaping Group AB (publ) (STO:GREEN), Carl-Fredrik Meijer, Just Bought A Few More Shares
Even if it’s not a huge purchase, we think it was good to see that Carl-Fredrik Meijer, the CFO & Head of Investor Relations of Green Landscaping Group AB (publ) (STO:GREEN) recently shelled out kr80k to buy stock, at kr62.64 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn’t a massive purchase by absolute value, either.
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The Last 12 Months Of Insider Transactions At Green Landscaping Group
In the last twelve months, the biggest single sale by an insider was when the Chief Executive Officer, Johan Nordstrom, sold kr16m worth of shares at a price of kr80.90 per share. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of kr59.20. So it may not shed much light on insider confidence at current levels.
In total, Green Landscaping Group insiders sold more than they bought over the last year. The chart below shows insider transactions (by companies and 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!
OM:GREEN Insider Trading Volume January 4th 2023
I will like Green Landscaping Group better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Green Landscaping Group insiders own 14% of the company, worth about kr455m. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Green Landscaping Group Tell Us?
Unfortunately, there has been more insider selling of Green Landscaping Group stock, than buying, in the last three months. Despite some insider buying, the longer term picture doesn’t make us feel much more positive. But since Green Landscaping Group is profitable and growing, we’re not too worried by this. The company boasts high insider ownership, but we’re a little hesitant, given the history of share sales. 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. To that end, you should learn about the 2 warning signs we’ve spotted with Green Landscaping Group (including 1 which is a bit concerning).
But note: Green Landscaping Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.