Roger Linnér Is The Production Manager & COO of Peab AB (publ) (STO:PEAB B) And They Just Picked Up 14% More Shares

Potential Peab AB (publ) (STO:PEAB B) shareholders may wish to note that the Production Manager & COO, Roger Linnér, recently bought kr2.2m worth of stock, paying kr74.80 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 14%.

View our latest analysis for Peab

The Last 12 Months Of Insider Transactions At Peab

In the last twelve months, the biggest single purchase by an insider was when Vice Chairman Mats Paulsson bought kr33m worth of shares at a price of kr84.35 per share. That means that an insider was happy to buy shares at above the current price of kr77.95. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. We note that Mats Paulsson was both the biggest buyer and the biggest seller.

Happily, we note that in the last year insiders paid kr70m for 795.82k shares. But insiders sold 386000 shares worth kr33m. In total, Peab insiders bought more than they sold over the last year. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

OM:PEAB B Recent Insider Trading May 29th 2020
OM:PEAB B Recent Insider Trading May 29th 2020

Peab is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

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. We usually like to see fairly high levels of insider ownership. Peab insiders own 14% of the company, currently worth about kr3.3b 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 Does This Data Suggest About Peab Insiders?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Peab insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 4 warning signs for Peab (2 can't be ignored) you should be aware of.

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.

Love or hate this article? Concerned about the content? Get in touch with us directly. Alternatively, email 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. 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. Thank you for reading.