Yahoo Finance Bullish insiders at Liontrust Asset Management PLC (LON:LIO) loaded up on UK£1.2m of stock earlier this year
Over the last year, a good number of insiders have significantly increased their holdings in Liontrust Asset Management PLC (LON:LIO). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for Liontrust Asset Management
Liontrust Asset Management Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by CEO & Executive Director John Ions for UK£612k worth of shares, at about UK£12.31 per share. That means that an insider was happy to buy shares at above the current price of UK£8.71. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. We note that John Ions was both the biggest buyer and the biggest seller.
Happily, we note that in the last year insiders paid UK£1.2m for 94.30k shares. But insiders sold 92.12k shares worth UK£1.1m. Overall, Liontrust Asset Management insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Liontrust Asset Management Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Liontrust Asset Management insiders own about UK£15m worth of shares. That equates to 2.8% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Do The Liontrust Asset Management Insider Transactions Indicate?
The fact that there have been no Liontrust Asset Management insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. Overall we don't see anything to make us think Liontrust Asset Management insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Liontrust Asset Management. You'd be interested to know, that we found 1 warning sign for Liontrust Asset Management and we suggest you have a look.
But note: Liontrust Asset Management may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.
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