Fingerprint Cards Q1’20: Insiders Leading the Way
Redeye makes negligible estimate changes, raising the 2020E operating loss by only SEK 5m. Thus, we retain our valuation. Insider transactions are leading the way for the stock. We assume the purchases of in total 868 000 shares from six insiders in March are related to the long-term position in smart cards, and not 2020 earnings releases.