A significant number of insiders have dramatically increased their holdings LIFESTYLE COMMUNITIES LIMITED. (ASX:LIC) for the past 12 months. It's a positive sign that those involved are optimistic about the company's prospects.
Although insider trading is not the most important thing in long-term investing, we think it would be foolish to ignore it completely.
Check out our latest analysis for Lifestyle Community.
Lifestyle Community Insider Transactions Over the Past Year
We can see that the biggest insider purchase over the last year was by founder James Kelly for AU$10m worth of shares (approximately AU$1 share). This means that the insider wanted to buy shares even when the share price was higher than his AU$14.96 (recent price). Their views may have changed since then, but at least it shows they were optimistic back then. For us, it's very important to consider the price insiders pay for shares. Generally, if you paid more than the current price, it's more reassuring because it suggests you saw value even at a higher level.
Lifestyle Communities insiders bought shares over the last year, but didn't sell. The chart below depicts insider transactions (by companies and individuals) over the past year. If you want to know exactly who sold, for how much, and when, click on the chart below.
There are always plenty of stocks that insiders are buying. Check out each stock one by one or take a look at this if that suits your style. free List of companies. (Hint: Insiders are buying them).
Lifestyle Community Insiders Recently Bought Stocks
Over the past three months, we've seen significant insider buying in the Lifestyle community. Not only was there no selling that we could see, they collectively bought AU$10m worth of shares. This can be interpreted as suggesting a positive outlook.
Does the lifestyle community boast high insider ownership?
I like to see how many shares a company's insiders own in a company, as it can tell us how well aligned a company is with its insiders. A high insider ownership often makes company leaders more focused on shareholder interests. Insiders own 6.4% of Lifestyle Communities shares, worth approximately AU$117m. This level of insider ownership is good, but far from particularly noticeable. That certainly suggests a reasonable degree of consistency.
So what do insider transactions in the lifestyle community tell us?
Recent insider purchases are encouraging. Our analysis of last year's transactions also gives us confidence. Considering the high insider ownership, it certainly appears that insiders have a lifestyle favorable to his community. Nice! 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. for that purpose, 3 warning signs We found lifestyle communities (two of which aren't a great fit for us).
If you want to check out another company with potentially better financials, don't miss this free List of interesting companies with high return on equity and low debt.
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 the articles are not intended as 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.
