Stock Analysis

Trade Alert: The Executive VP & Chief Human Resources Officer Of LCI Industries (NYSE:LCII), Nick Fletcher, Has Sold Some Shares Recently

  •  Updated
NYSE:LCII
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Anyone interested in LCI Industries (NYSE:LCII) should probably be aware that the Executive VP & Chief Human Resources Officer, Nick Fletcher, recently divested US$422k worth of shares in the company, at an average price of US$117 each. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.

Check out our latest analysis for LCI Industries

LCI Industries Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Director James Gero for US$1.1m worth of shares, at about US$106 per share. We do like to see buying, but this purchase was made at well below the current price of US$120. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Over the last year, we can see that insiders have bought 24.27k shares worth US$2.6m. On the other hand they divested 6.76k shares, for US$920k. Overall, LCI Industries insiders were net buyers during the last year. 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!

insider-trading-volume
NYSE:LCII Insider Trading Volume June 1st 2022

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that LCI Industries insiders own 3.1% of the company, worth about US$95m. 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 Do The LCI Industries Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in LCI Industries shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing LCI Industries. When we did our research, we found 4 warning signs for LCI Industries (3 don't sit too well with us!) that we believe deserve your full attention.

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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Find out whether LCI Industries is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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About NYSE:LCII

LCI Industries

LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally.

The Snowflake is a visual investment summary with the score of each axis being calculated by 6 checks in 5 areas.

Analysis AreaScore (0-6)
Valuation6
Future Growth0
Past Performance6
Financial Health4
Dividends3

Read more about these checks in the individual report sections or in our analysis model.

Very undervalued with outstanding track record.