Storskogen Group AB: Executive Share Purchases and Analyst Downgrades
Stockholm, May 8, 2025 — Storskogen Group AB, a prominent Swedish company listed on the Swedish Stock Exchange, has seen significant activity from its executives and analysts recently. The company, with a market capitalization of 195.7 billion SEK, has experienced a series of share purchases by its top executives, alongside analyst downgrades affecting its stock performance.
Executive Share Purchases
In a notable display of confidence, several executives at Storskogen Group AB have made substantial investments in the company’s shares:
- Christer Hansson, the CEO and business area manager, purchased 100,000 B-aktier at 10.20 SEK each, totaling approximately 1 million SEK, on May 7, 2025.
- Annette Brodin Rampe, the chairperson of the board, acquired 100,000 B-aktier through her company, Sund1, at 10.36 SEK each, also amounting to 1 million SEK.
- Robert Belkic, a board member, bought 25,000 B-aktier at 9.95 SEK each, for a total of 248,750 SEK.
- Johan Ekström, the acquisition manager, purchased 20,000 shares at 10.26 SEK each, totaling 205,100 SEK.
These transactions were reported by Finansinspektionen and took place on the Nasdaq Stockholm.
Analyst Downgrades
Despite the positive sentiment from within the company, external analysts have adjusted their outlook on Storskogen Group AB:
- Carnegie reduced its target price for Storskogen from 21 SEK to 18 SEK but reiterated its buy recommendation.
- Kepler Cheuvreux also lowered its target price from 17 SEK to 16 SEK, maintaining its buy stance.
These downgrades come amidst broader market concerns, as the Stockholm Stock Exchange experienced declines due to lowered growth forecasts and negative signals from the service sector.
Financial Performance
In its latest quarterly report, Storskogen Group AB reported a profit of 0.12 SEK per share, up from 0.070 SEK in the same quarter of the previous year. However, the company faced challenges as the broader market reacted to economic uncertainties.
Market Reaction
The stock market’s response to these developments has been mixed. While executive confidence is evident through share purchases, the company’s stock has faced downward pressure due to analyst downgrades and broader market trends.
As Storskogen Group AB navigates these dynamics, investors will be closely watching for further developments in both internal confidence and external market perceptions.