26% Of This Harvia Oyj Insider's Holdings Were Sold
Viewing insider transactions for Harvia Oyj's (HEL:HARVIA ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
The Last 12 Months Of Insider Transactions At Harvia Oyj
Over the last year, we can see that the biggest insider sale was by the Head of Innovation & Technology and Member of the Management Board, Timo Harvia, for €1.5m worth of shares, at about €41.11 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of €36.95. So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Timo Harvia.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Harvia Oyj
I will like Harvia Oyj better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Harvia Oyj insiders own 6.1% of the company, worth about €42m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About Harvia Oyj Insiders?
It doesn't really mean much that no insider has traded Harvia Oyj shares in the last quarter. Our analysis of Harvia Oyj insider transactions leaves us cautious. But it's good to see that insiders own shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Harvia Oyj. While conducting our analysis, we found that Harvia Oyj has 1 warning sign and it would be unwise to ignore this.
Of course Harvia Oyj may not be the best stock to buy. So you may wish to see this free collection of high quality 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 of direct interests only, but not derivative transactions or indirect interests.
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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.