Co-Founder of LBG Media Alexander Solomou Buys More Stock

Investors who take an interest in LBG Media plc (LON:LBG) should definitely note that the Co-Founder, Alexander Solomou, recently paid UK£0.73 per share to buy UK£249k worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

Check out our latest analysis for LBG Media

LBG Media Insider Transactions Over The Last Year

The Non-Executive Chairman, David Wilson, made the biggest insider sale in the last 12 months. That single transaction was for UK£444k worth of shares at a price of UK£0.78 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of UK£0.70. So it is hard to draw any strong conclusion from it. David Wilson was the only individual insider to sell shares in the last twelve months.

In the last twelve months insiders purchased 355.76k shares for UK£259k. On the other hand they divested 566.00k shares, for UK£444k. 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!

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Insider Ownership Of LBG Media

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. LBG Media insiders own 45% of the company, currently worth about UK£66m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The LBG Media Insider Transactions Indicate?

It is good to see recent purchasing. However, the longer term transactions are not so encouraging. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, LBG Media insiders are reasonably well aligned, and optimistic for the future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - LBG Media has 1 warning sign we think you should be aware of.

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.