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Related Party Stenshagen Invest Cuts Stake in Protector Forsikring

Story Highlights
  • Stenshagen Invest, tied to a Protektor board member, sold 750,000 shares but remains a major shareholder.
  • The insider-related transaction is disclosed under Norwegian market abuse and securities rules, emphasizing transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Related Party Stenshagen Invest Cuts Stake in Protector Forsikring

Meet Samuel – Your Personal Investing Prophet

Protector Forsikring ASA ( (PSKRF) ) has provided an update.

Stenshagen Invest AS, an investment company related to Protector Forsikring ASA board member Håkon Astrup, has sold 750,000 shares in the insurer at a price of NOK 473.961 per share. Following the transaction, Stenshagen Invest AS remains a major shareholder with 6,776,353 shares, and the deal is reported under Norwegian market abuse and securities trading disclosure rules.

The transaction underscores ongoing shareholding adjustments among insiders and related parties in Protector Forsikring ASA while maintaining substantial ownership by Stenshagen Invest AS. Compliance with market abuse regulation and securities law highlights the company’s adherence to transparency requirements that are important for investors and market oversight.

The most recent analyst rating on (PSKRF) stock is a Hold with a NOK544.00 price target. To see the full list of analyst forecasts on Protector Forsikring ASA stock, see the PSKRF Stock Forecast page.

More about Protector Forsikring ASA

Protector Forsikring ASA is a Norway-based insurance company operating in the non-life segment. It focuses on providing insurance solutions, primarily in the Nordic market, and is listed on the Oslo market, where its shares are actively traded by institutional and related-party investors.

Average Trading Volume: 220,585

Current Market Cap: NOK40.49B

Learn more about PSKRF stock on TipRanks’ Stock Analysis page.

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