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Magnora ASA ( (SVMRF) ) has provided an update.
Board members John Hamilton and Hilde Ådland, along with COO Stein Bjørnstad, have increased their shareholdings in Magnora ASA through purchases made on 5 May 2026 at NOK 29.00 per share. After the transactions, each of the board members holds just under 0.1 per cent of the company, while the COO controls 0.06 per cent, underscoring insider confidence in the company following a recent private placement.
The new insider positions, though small in percentage terms, signal strengthened alignment between Magnora’s leadership and its shareholders at a time when the company is expanding its portfolio of renewable energy and data center assets. These trades may be interpreted by the market as a positive signal regarding management’s outlook on Magnora’s strategy and its execution in key European and African markets.
The most recent analyst rating on (SVMRF) stock is a Hold with a NOK29.00 price target. To see the full list of analyst forecasts on Magnora ASA stock, see the SVMRF Stock Forecast page.
More about Magnora ASA
Magnora ASA is a Norway-based renewable infrastructure developer and data center operator focused on data center, wind, solar, and battery projects. The company operates across Europe and Africa through a portfolio of subsidiaries, and it is listed on the main list of the Oslo Stock Exchange under the ticker MGN.
Average Trading Volume: 279,365
Current Market Cap: NOK2.14B
Find detailed analytics on SVMRF stock on TipRanks’ Stock Analysis page.