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Left Field Printing Group Executive Director Acquires 7.9% More Stock

Simply Wall St ·  Nov 12 17:09

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.

Left Field Printing Group Insider Transactions Over The Last Year

The insider, David Webb, made the biggest insider sale in the last 12 months. That single transaction was for HK$1.5m worth of shares at a price of HK$0.45 each. So what is clear is that an insider saw fit to sell at around the current price of HK$0.45. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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. Overall, Left Field Printing Group insiders were net buyers during the last year. Their average price was about HK$0.47. I'd consider this a positive as it suggests insiders see value at around the current price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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SEHK:1540 Insider Trading Volume November 12th 2024

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Left Field Printing Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 13% of Left Field Printing Group shares, worth about HK$30m, according to our data. 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. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Left Field Printing Group insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Left Field Printing Group. To that end, you should learn about the 3 warning signs we've spotted with Left Field Printing Group (including 1 which is significant).

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.

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