Latest news with #R7.76
Yahoo
12-04-2025
- Business
- Yahoo
Insider Spends €27m Buying More Shares In Lighthouse Properties
Lighthouse Properties p.l.c. (JSE:LTE) shareholders (or potential shareholders) will be happy to see that the Non-Independent Non-Executive Director, Desmond de Beer, recently bought a whopping R27m worth of stock, at a price of R7.58. While that only increased their holding size by 1.1%, it is still a big swing by our standards. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Notably, that recent purchase by Non-Independent Non-Executive Director Desmond de Beer was not the only time they bought Lighthouse Properties shares this year. They previously made an even bigger purchase of R78m worth of shares at a price of R7.76 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being R7.74). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Lighthouse Properties insiders may have bought shares in the last year, but they didn't sell any. 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! Check out our latest analysis for Lighthouse Properties 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. Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Lighthouse Properties insiders own 18% of the company, currently worth about R2.8b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Lighthouse Properties. That's what I like to see! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 3 warning signs for Lighthouse Properties (of which 1 is concerning!) 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 of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
Yahoo
16-03-2025
- Business
- Yahoo
Insider Buys Additional €6.9m In Lighthouse Properties Stock
Investors who take an interest in Lighthouse Properties p.l.c. (JSE:LTE) should definitely note that the Non-Independent Non-Executive Director, Desmond de Beer, recently paid R8.00 per share to buy R6.9m worth of the stock. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign. See our latest analysis for Lighthouse Properties In fact, the recent purchase by Non-Independent Non-Executive Director Desmond de Beer was not their only acquisition of Lighthouse Properties shares this year. They previously made an even bigger purchase of R78m worth of shares at a price of R7.76 per share. That means that an insider was happy to buy shares at around the current price of R8.03. 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. The good news for Lighthouse Properties share holders is that insiders were buying at near the current price. 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! Lighthouse Properties is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. 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. It's great to see that Lighthouse Properties insiders own 20% of the company, worth about R2.9b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders. It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Lighthouse Properties. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 3 warning signs for Lighthouse Properties (1 is a bit unpleasant!) and we strongly recommend you look at them before investing. But note: Lighthouse Properties may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
