Stanislav Kolenc Just Bought 29% More Shares In Locality Planning Energy Holdings Limited (ASX:LPE)
Whilst it may not be a huge deal, we thought it was good to see that Stanislav Kolenc, who is a company insider, recently bought AU$121k worth of stock, for AU$0.05 per share. That purchase might not be huge but it did increase their holding by 29%.
See our latest analysis for Locality Planning Energy Holdings
The Last 12 Months Of Insider Transactions At Locality Planning Energy Holdings
In the last twelve months, the biggest single purchase by an insider was when insider Simons Brooklyn bought AU$185k worth of shares at a price of AU$0.10 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.053). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Locality Planning Energy Holdings insiders may have bought shares in the last year, but they didn't sell any. The average buy price was around AU$0.061. This is nice to see since it implies that insiders might see value around current prices. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
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 Of Locality Planning Energy Holdings
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 32% of Locality Planning Energy Holdings shares, worth about AU$3.0m. 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 Locality Planning Energy Holdings Insiders?
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of Locality Planning Energy Holdings we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Locality Planning Energy Holdings. Every company has risks, and we've spotted 4 warning signs for Locality Planning Energy Holdings you should know about.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
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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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.
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