Stock Analysis

Have Insiders Sold Livermore Investments Group Limited (LON:LIV) Shares Recently?

AIM:LIV
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Some Livermore Investments Group Limited (LON:LIV) shareholders may be a little concerned to see that the Founder, Noam Lanir, recently sold a substantial UK£5.0m worth of stock at a price of UK£0.46 per share. However, that sale only accounted for 8.1% of their holding, so arguably it doesn't say much about their conviction.

See our latest analysis for Livermore Investments Group

The Last 12 Months Of Insider Transactions At Livermore Investments Group

Notably, that recent sale by Noam Lanir is the biggest insider sale of Livermore Investments Group shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of UK£0.46. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
AIM:LIV Insider Trading Volume February 19th 2021

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

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. Livermore Investments Group insiders own 91% of the company, currently worth about UK£73m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Livermore Investments Group Insiders?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Livermore Investments Group. To help with this, we've discovered 3 warning signs (2 are concerning!) that you ought to be aware of before buying any shares in Livermore Investments Group.

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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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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