LENSAR Decline Means Insider Profits Down To US$42k
Insiders who bought LENSAR, Inc. (NASDAQ:LNSR) in the last 12 months may probably not pay attention to the stock's recent 12% drop. After accounting for the recent loss, the US$143.4k worth of shares they purchased is now worth US$185.3k, suggesting a good return on their investment.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for LENSAR
The Last 12 Months Of Insider Transactions At LENSAR
In the last twelve months, the biggest single purchase by an insider was when insider Aimee Weisner bought US$85k worth of shares at a price of US$2.61 per share. We do like to see buying, but this purchase was made at well below the current price of US$3.40. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
While LENSAR insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
LENSAR is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Are LENSAR Insiders Buying Or Selling?
There was some insider buying at LENSAR over the last quarter. Independent Director Gary Winer purchased US$6.0k worth of shares in that period. It's great to see that insiders are only buying, not selling. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.
Insider Ownership Of LENSAR
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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. LENSAR insiders own about US$6.5m worth of shares. That equates to 18% 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.
What Might The Insider Transactions At LENSAR Tell Us?
Our data shows a little insider buying, but no selling, in the last three months. The net investment is not enough to encourage us much. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in LENSAR and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing LENSAR. Case in point: We've spotted 4 warning signs for LENSAR you should be aware of.
Of course LENSAR may not be the best stock to buy. So you may wish to see this free collection of high quality 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.
