Desmond de Beer Buys Handful Of 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 R9.1m worth of stock, at a price of R151. While that only increased their holding size by 0.02%, it is still a big swing by our standards.

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Lighthouse Properties Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Alternate Director, Nicolaas Hanekom, for R756m worth of shares, at about R147 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of R7.95. So it may not tell us anything about how insiders feel about the current share price. Nicolaas Hanekom was the only individual insider to sell shares in the last twelve months.

Over the last year, we can see that insiders have bought 21.48m shares worth R254m. On the other hand they divested 5.15m shares, for R756m. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Check out our latest analysis for Lighthouse Properties

I will like Lighthouse Properties better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Lighthouse Properties Boast High 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Lighthouse Properties insiders own about R3.2b worth of shares (which is 19% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Lighthouse Properties Insiders?

The recent insider purchase is heartening. On the other hand the transaction history, over the last year, isn't so positive. The recent buying by an insider , along with high insider ownership, suggest that Lighthouse Properties insiders are fairly aligned, and optimistic. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 3 warning signs for Lighthouse Properties you should be aware of, and 1 of them is significant.

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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.