Even if it's not a huge purchase, we think it was good to see that Patrick Mullen, the Independent Chairman of the Board of Luxfer Holdings PLC (NYSE:LXFR) recently shelled out US$98k to buy stock, at US$8.37 per share. Even though that isn't a massive buy, it did increase their holding by 87%, which is arguably a good sign.

Check out our latest analysis for Luxfer Holdings

The Last 12 Months Of Insider Transactions At Luxfer Holdings

In fact, the recent purchase by Patrick Mullen was the biggest purchase of Luxfer Holdings shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of US$8.40. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. In this case we're pleased to report that the insider purchases were made at close to current prices.

Luxfer Holdings insiders may have bought shares in the last year, but they didn't sell any. Their average price was about US$9.47. This is nice to see since it implies that insiders might see value around current prices. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Luxfer Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Luxfer Holdings 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. Our data suggests Luxfer Holdings insiders own 1.8% of the company, worth about US$4.0m. We consider this fairly low insider ownership.

So What Does This Data Suggest About Luxfer Holdings Insiders?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Luxfer Holdings insiders are expecting a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 3 warning signs for Luxfer Holdings that deserve your attention before buying any shares.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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 of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email 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 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.