Insider Spends kr1.6m Buying More Shares In RVRC Holding
Potential RVRC Holding AB (publ) (STO:RVRC) shareholders may wish to note that the Chief Executive Officer, Paul Fischbein, recently bought kr1.6m worth of stock, paying kr53.20 for each share. Although the purchase only increased their holding by 5.4%, it is still a solid purchase in our view.
RVRC Holding Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Chief Financial Officer, Jesper Alm, for kr3.8m worth of shares, at about kr64.35 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 kr54.20. So it may not tell us anything about how insiders feel about the current share price. Jesper Alm was the only individual insider to sell over the last year.
Happily, we note that in the last year insiders paid kr1.6m for 30.65k shares. On the other hand they divested 60.00k shares, for kr3.8m. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
View our latest analysis for RVRC Holding
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Insider Ownership Of RVRC Holding
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own kr42m worth of RVRC Holding stock, about 0.7% of the company. I generally like to see higher levels of ownership.
What Might The Insider Transactions At RVRC Holding Tell Us?
It is good to see the recent insider purchase. However, the longer term transactions are not so encouraging. The more recent transactions are a positive, but RVRC Holding insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. So they seem pretty well aligned, overall. 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 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.