CFO, COO & Executive Director of Liontrust Asset Management Picks Up 2.1% More Stock

Investors who take an interest in Liontrust Asset Management PLC (LON:LIO) should definitely note that the CFO, COO & Executive Director, Vinay Abrol, recently paid UK£5.59 per share to buy UK£112k worth of the stock. Although the purchase only increased their holding by 2.1%, it is still a solid purchase in our view.

Check out our latest analysis for Liontrust Asset Management

The Last 12 Months Of Insider Transactions At Liontrust Asset Management

In fact, the recent purchase by Vinay Abrol was the biggest purchase of Liontrust Asset Management shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of UK£5.75 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. 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 bought shares at close to current prices. Vinay Abrol was the only individual insider to buy shares in the last twelve months.

Over the last year we saw more insider selling of Liontrust Asset Management shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Does Liontrust Asset Management 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. It appears that Liontrust Asset Management insiders own 3.0% of the company, worth about UK£11m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Liontrust Asset Management Insiders?

It is good to see the recent insider purchase. On the other hand the transaction history, over the last year, isn't so positive. The more recent transactions are a positive, but Liontrust Asset Management insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. So they seem pretty well aligned, overall. 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. Our analysis shows 3 warning signs for Liontrust Asset Management (1 is significant!) and we strongly recommend you look at these before investing.

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.

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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.