Yahoo Finance A UK£47m market cap addition is just what Liontrust Asset Management PLC (LON:LIO) insiders like to see after purchasing stock worth UK£1.2m
Insiders who bought Liontrust Asset Management PLC (LON:LIO) stock in the last 12 months were richly rewarded last week. The company's market value increased by UK£47m as a result of the stock's 6.3% gain over the same period. As a result, the stock they originally bought for UK£1.2m is now worth UK£1.2m.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Liontrust Asset Management
The Last 12 Months Of Insider Transactions At Liontrust Asset Management
Notably, that recent purchase by John Ions is the biggest insider purchase of Liontrust Asset Management shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is UK£13.08. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Liontrust Asset Management share holders is that insiders were buying at near the current price. Notably John Ions was also the biggest seller.
Happily, we note that in the last year insiders paid UK£1.2m for 94.30k shares. But they sold 92.12k shares for UK£1.1m. In the last twelve months there was more buying than selling by Liontrust Asset Management insiders. The chart below shows insider transactions (by companies and individuals) over the last year. 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.
Liontrust Asset Management Insiders Bought Stock Recently
Over the last three months, we've seen a bit of insider buying at Liontrust Asset Management. In total, insiders bought UK£1.2m worth of shares in that time. However, CEO & Executive Director John Ions netted UK£1.1m for sales. It is nice to see that insiders have bought, but the quantum isn't large enough to get us excited.
Does Liontrust Asset Management Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Liontrust Asset Management insiders own 2.8% of the company, worth about UK£22m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Liontrust Asset Management Tell Us?
Our data shows a little insider buying, but no selling, in the last three months. Overall the buying isn't worth writing home about. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Liontrust Asset Management and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Liontrust Asset Management. While conducting our analysis, we found that Liontrust Asset Management has 3 warning signs and it would be unwise to ignore these.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
