Carol Kane Bought 6.2% More Shares In LBG Media

Even if it's not a huge purchase, we think it was good to see that Carol Kane, the Non-Executive Director of LBG Media plc (LON:LBG) recently shelled out UK£50k to buy stock, at UK£1.06 per share. Although the purchase is not a big one, increasing their shareholding by only 6.2%, it can be interpreted as a good sign.

Check out our latest analysis for LBG Media

The Last 12 Months Of Insider Transactions At LBG Media

Over the last year, we can see that the biggest insider purchase was by Co-Founder Alexander Solomou for UK£249k worth of shares, at about UK£0.73 per share. We do like to see buying, but this purchase was made at well below the current price of UK£1.05. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

In the last twelve months LBG Media insiders were buying shares, but not selling. The average buy price was around UK£0.84. It is certainly positive to see that insiders have invested their own money in the company. But we must note that the investments were made at well below today's share price. 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!

LBG Media is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. LBG Media insiders own 42% of the company, currently worth about UK£93m 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.

What Might The Insider Transactions At LBG Media Tell Us?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about LBG Media. That's what I like to see! Of course, the future is what matters most. So if you are interested in LBG Media, you should check out this free report on analyst forecasts for the company.

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.