Stock Analysis

Lendlease Group Insiders Placed Bullish Bets Worth AU$1.17m

Published
ASX:LLC

Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Lendlease Group (ASX:LLC), it sends a favourable message to the company's shareholders.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Lendlease Group

Lendlease Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Director David Craig for AU$450k worth of shares, at about AU$5.41 per share. We do like to see buying, but this purchase was made at well below the current price of AU$7.27. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid AU$1.2m for 203.13k shares. But they sold 83.13k shares for AU$450k. In total, Lendlease Group insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

ASX:LLC Insider Trading Volume October 3rd 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).

Insider Ownership Of Lendlease Group

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data suggests Lendlease Group insiders own 0.1% of the company, worth about AU$6.6m. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About Lendlease Group Insiders?

The fact that there have been no Lendlease Group insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Lendlease Group stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Lendlease Group. While conducting our analysis, we found that Lendlease Group has 1 warning sign and it would be unwise to ignore this.

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.