In This Article:
From what we can see, insiders were net buyers in Life Time Group Holdings, Inc.'s (NYSE:LTH ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
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.
View our latest analysis for Life Time Group Holdings
Life Time Group Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Founder Bahram Akradi bought US$654k worth of shares at a price of US$16.76 per share. Even though the purchase was made at a significantly lower price than the recent price (US$30.96), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
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.
Life Time Group Holdings Insiders Are Selling The Stock
The last three months saw significant insider selling at Life Time Group Holdings. In total, CFO, Principal Accounting Officer Erik Weaver sold US$78k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.
Insider Ownership Of Life Time Group Holdings
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Life Time Group Holdings insiders own 7.5% of the company, currently worth about US$492m 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.
What Might The Insider Transactions At Life Time Group Holdings Tell Us?
An insider hasn't bought Life Time Group Holdings stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Life Time Group Holdings. You'd be interested to know, that we found 1 warning sign for Life Time Group Holdings and we suggest you have a look.