Lok'nStore Group Insiders May Regret Not Buying More, Market Cap Hits UK£309m

Insiders who bought Lok'nStore Group Plc (LON:LOK) stock in the last 12 months were richly rewarded last week. The company's market value increased by UK£39m as a result of the stock's 14% gain over the same period. As a result, their original purchase of UK£309.0k worth of stock is now worth UK£392.8k.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Lok'nStore Group

The Last 12 Months Of Insider Transactions At Lok'nStore Group

Over the last year, we can see that the biggest insider purchase was by Independent Non Executive Director Charles Peal for UK£160k worth of shares, at about UK£7.37 per share. We do like to see buying, but this purchase was made at well below the current price of UK£9.58. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months insiders purchased 41.00k shares for UK£309k. On the other hand they divested 32.00k shares, for UK£261k. In the last twelve months there was more buying than selling by Lok'nStore Group insiders. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Lok'nStore Group Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Lok'nStore Group insiders own about UK£66m worth of shares. That equates to 21% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Lok'nStore Group Insiders?

The fact that there have been no Lok'nStore Group insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Lok'nStore Group and their transactions don't cause us concern. 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. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Lok'nStore 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 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.