Whilst it may not be a huge deal, we thought it was good to see that the Left Field Printing Group Limited (HKG:1540) Executive Director, Chuk Kin Lau, recently bought HK$418k worth of stock, for HK$0.41 per share. However, it only increased their shares held by 7.9%, and it wasn't a huge purchase by absolute value, either.
Check out our latest analysis for Left Field Printing Group
The Last 12 Months Of Insider Transactions At Left Field Printing Group
Over the last year, we can see that the biggest insider sale was by the insider, David Webb, for HK$1.5m worth of shares, at about HK$0.45 per share. That means that an insider was selling shares at around the current price of HK$0.45. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign. The only individual insider seller over the last year was David Webb.
Happily, we note that in the last year insiders paid HK$2.4m for 5.16m shares. But insiders sold 3.24m shares worth HK$1.5m. In the last twelve months there was more buying than selling by Left Field Printing Group insiders. They paid about HK$0.47 on average. These transactions suggest that insiders have considered the current price attractive. 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!
Left Field Printing Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Left Field Printing Group Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Left Field Printing Group insiders own about HK$30m worth of shares (which is 13% of the company). We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About Left Field Printing Group Insiders?
The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Left Field Printing Group shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 3 warning signs for Left Field Printing Group you should be aware of, and 1 of them doesn't sit too well with us.
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 of direct interests only, but not derivative transactions or indirect interests.
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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.