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Generally speaking, it’s usually not a big deal if one insider buys shares. However, if multiple insiders are buying, e.g. LINDSAY AUSTRALIA LIMITED. (ASX:LAU), has sent a positive message to the company’s shareholders.
While we don’t think shareholders should simply follow insider transactions, logic suggests they should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Lindsay Australia.
Lindsay Australia’s insider transactions over the past year
Independent non-executive chairman Ian Williams has made the biggest insider purchase in the last 12 months. In this one trade of his, he traded shares worth AU$100,000 at a price of AU$1.15 per share. So it’s clear that insiders wanted to buy at a higher price than the current share price (AU$1.09). Their views may have changed since then, but at least it shows they were optimistic back then. We always pay attention to the prices insiders pay when buying stocks. Generally, if you paid more than the current price, it’s more reassuring because it suggests you saw value even at a higher level.
Lindsay Australia insiders may have bought shares in the last year, but they didn’t sell any. The graph 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, click on the chart below.
Lindsay Australia isn’t the only stock that insiders are buying.For people who like searching succeed in investing this free This list of growing companies with recent insider purchasing may be just the ticket.
Lindsay Australia Insider Ownership
Many investors like to see how much of a company’s shares are owned by insiders. We think it’s a good sign if insiders own a significant number of shares in the company. Insiders own 15% of Lindsay Australia shares, worth approximately AU$51m. This is a strong but not significant level of insider ownership, but it’s enough to indicate some alignment between management and smaller shareholders.
What can we learn from Lindsay Australia’s insider trading?
There were no insider transactions in the last three months, which doesn’t mean much. However, insiders have indicated that interest in the stock has increased over the last year. Insiders own shares in Lindsay Australia, and their transactions don’t cause us concern. So while it’s useful to know what insiders are doing in terms of buying and selling, it’s also useful to know the risks facing a particular company. During our analysis, we found that Lindsay Australia has the following characteristics: two warning signs And it is unwise to ignore them.
of course, You may find a great investment if you look elsewhere. So take a look at this free List of interesting companies.
For the purposes of this article, insiders are individuals who report their transactions to the relevant regulatory body. The Company currently only accounts for open market transactions and private dispositions of direct profits, and does not account for derivative transactions or indirect profits.
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
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