Bullish Lighthouse Properties Insiders Loaded Up On €204.6m Of Stock

Quite a few insiders have dramatically grown their holdings in Lighthouse Properties p.l.c. (JSE:LTE) over the past 12 months. An insider's optimism about the company's prospects is a positive sign.

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.

See our latest analysis for Lighthouse Properties

The Last 12 Months Of Insider Transactions At Lighthouse Properties

Over the last year, we can see that the biggest insider purchase was by Non-Independent Non-Executive Director Desmond de Beer for R78m worth of shares, at about R7.76 per share. So it's clear an insider wanted to buy, at around the current price, which is R8.61. 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. Happily, the Lighthouse Properties insiders decided to buy shares at close to current prices.

In the last twelve months Lighthouse Properties insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Lighthouse Properties Insiders Bought Stock Recently

It's good to see that Lighthouse Properties insiders have made notable investments in the company's shares. Non-Independent Non-Executive Director Desmond de Beer spent R28m on stock, and there wasn't any selling. That shows some optimism about the company's future.

Insider Ownership Of Lighthouse Properties

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Lighthouse Properties insiders own 25% of the company, worth about R3.9b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Lighthouse Properties Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Lighthouse Properties. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Lighthouse Properties. For instance, we've identified 4 warning signs for Lighthouse Properties (2 are potentially serious) 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.