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Surprising Profit Potential: Insiders’ Strategy to Thrive Amidst Ten Lifestyle Group’s 10% Dip

Surprising Profit Potential: Insiders’ Strategy to Thrive Amidst Ten Lifestyle Group’s 10% Dip

Insiders of Ten Lifestyle Group Plc (LON:TENG) who sold shares over the past year have not fared well, despite the recent 10% drop in the stock price. The average selling price of £0.95 is still lower than the current share price, indicating that insiders would have been better off holding onto their shares. While insider transactions should not be the sole basis for investment decisions, they should not be ignored either.

In the last twelve months, the Co-Founder of Ten Lifestyle Group, Andrew Long, sold £855k worth of shares at a price of £0.95 per share, which is higher than the current share price of £0.82. Although insider selling is generally not preferred, the fact that the sale price was above the current share price may not reflect much on insider confidence at current levels. Andrew Long was the only individual insider to sell shares in the last twelve months.

Insiders own approximately 19% of the company, worth about £13m, suggesting alignment between insiders and other shareholders. While there have been no insider transactions in the last three months, it is important to consider other factors and risks before making any investment decisions. In terms of investment risks, there is one warning sign identified with Ten Lifestyle Group.

Overall, while insider transactions should not be the sole basis for investment decisions, they provide valuable insights into insider confidence and alignment with shareholders.

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