Bullish insiders bet UK£434k on CLS Holdings plc (LON:CLI)

Simply Wall St
·3 min read

Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of CLS Holdings plc (LON:CLI), it sends a favourable message to the company's shareholders.

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.

See our latest analysis for CLS Holdings

CLS Holdings Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when CFO & Director Andrew Michael Kirkman bought UK£111k worth of shares at a price of UK£2.22 per share. That implies that an insider found the current price of UK£2.24 per share to be enticing. 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. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices.

While CLS Holdings insiders bought shares during the last year, they didn't sell. 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!

insider-trading-volume
insider-trading-volume

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

CLS Holdings Insiders Bought Stock Recently

It's good to see that CLS Holdings insiders have made notable investments in the company's shares. CEO & Director Fredrik Widlund spent UK£47k on stock, and there wasn't any selling. This is a positive in our book as it implies some confidence.

Insider Ownership

Many investors like to check how much of a company is owned by 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. Insiders own 6.8% of CLS Holdings shares, worth about UK£62m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About CLS Holdings Insiders?

Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. But insiders have shown more of an appetite for the stock, over the last year. Overall we don't see anything to make us think CLS Holdings insiders are doubting the company, and they do own shares. 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 4 warning signs for CLS Holdings (of which 1 can't be ignored!) you should know about.

But note: CLS Holdings 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, but not derivative transactions.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • Man held after bomb threat at Iran consulate in Paris

    STORY: A police source told Reuters the man was seen at about 11 a.m. (0900 GMT) entering the consulate, carrying what appeared to be a grenade and explosive vest. Police cordoned off the area.The man later left the consulate and was then arrested, a police source said. The TV channel BFM said he had been carrying replica grenades.A police source said it was the same man who had been suspected of attempted arson near the Iranian consulate in an incident last September.Le Parisien newspaper said on its website that, according to several witnesses, the man had dragged flags on the floor of the consulate and said he wanted to avenge the death of his brother.It was unclear whether the incident had any link to current tensions between Iran and Israel.

  • North Korea says it tested 'super-large' cruise missile warhead and new anti-aircraft missile

    Korean Central News Agency released photos showing at least two missiles being fired off launcher trucks on a runway. The missiles in the image were not identified. State media said North Korea's missile administration on Friday conducted a 'power test' for the warhead designed for the Hwasal-1 Ra-3 strategic cruise missile and a test-launch of the Pyoljji-1-2 anti-aircraft missile.

  • Trump campaign falsely claimed twice this week that he’s ‘stormed’ out of court

    A reporter from The Indpendent, who has been observing proceedings all week, says claims of the former president’s defiant exit on Friday were not entirely accurate

  • The NBA's newest stars have an opportunity in these playoffs: Who's ready to take the torch?

    Anthony Edwards, Shai Gilgeous-Alexander and the next generation of NBA superstars have a big challenge ahead on the league's biggest stage.

  • Weekend warming up before cooling off again

    Weekend warming up before cooling off again

  • Azerbaijani journalist remanded in latest move against independent media

    Turan said Imran Aliyev, head of the Meclis.info outlet, which reports mainly on Azerbaijan's parliament, was being held in connection with a case against the Abzas Media group. Police last November said they had found 40,000 euros ($42,700) in cash in the media outlet's Baku offices. Aliyev has been subjected to electric shocks and beatings since being taken into custody at Baku airport on Thursday, Turan quoted the journalist as saying.

  • Bitcoin's latest 'halving' has arrived. Here's what you need to know

    NEW YORK (AP) — The “miners” who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world’s largest cryptocurrency, again. Bitcoin's latest “halving" appeared to occur Friday night. Soon after the highly anticipated event, the price of bitcoin held steady at about $63,907. Now, all eyes are on what will happen down the road. Beyond bitcoin’s long-term price behavior, which relies heavily on other market conditions, experts point to po

  • What is "pig-butchering"? Scam trend costs Americans millions

    A massive bust in New York is making national headlines this month. Prosecutors in Brooklyn seized nearly two dozen web domains associated with a scheme known as "pig butchering." But what is "pig butchering?" In short, it's when scammers strike up online conversations with unsuspecting victims, gain their trust, and then manipulate them into making bogus cryptocurrency investments.

  • School district administration criticizes board's decision to cancel gay actor's visit

    Cumberland Valley School District's superintendent and other administrators sent a letter to staff and faculty this week rebuking a vote by board members to cancel an anti-bullying event featuring a gay actor and author.

  • 15 Best Places to Retire in Ohio

    This article takes a look at the 15 best places to retire in Ohio. If you wish to skip our detailed analysis on navigating retirement living in the US, you may go to 5 Best Places to Retire in Ohio. Adieu, Baby Boomers The last of America’s Baby Boomers will soon be entering retirement. The […]

  • Teachers say lawmakers should prioritize school funding over legislation like ‘pronoun bill’

    Educators say bills aimed at transgender students that continue to move through the Arizona Legislature are a distraction from issues such as school funding. Senate Bill 1166, which would require schools to notify parents within five days if a teacher or contractor calls a student by a different name or pronoun, has passed the Senate and is moving through the House.

  • Coyotes' move to Salt Lake City elicits opposing responses in 2 cities

    PHOENIX (AP) — NHL Commissioner Gary Bettman sat next to the former Arizona Coyotes owner in a downtown Phoenix hotel meeting room, trying to put a positive spin on the funeral for a franchise. Later Friday, Bettman sat next to the new Coyotes owner in Salt Lake City to bask in the excitement of the league's newest city and a fan base that had been itching for another team to join the NBA's Utah Jazz. One day, two drastically different news conferences for the same hockey team. "If you look back

  • UPDATE 1-Bitcoin 'halving' has taken place, CoinGecko says

    Bitcoin, the world's largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to CoinGecko, a cryptocurrency data and analysis company. Bitcoin was fairly stable immediately afterward, falling 0.47% to $63,747. Bitcoin enthusiasts had eagerly waited for the "halving" - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created.

  • Collin Morikawa part of 4-way tie for the lead at Hilton Head. Scottie Scheffler lurks 3 shots back

    HILTON HEAD ISLAND, S.C. (AP) — Collin Morikawa had another solid round Friday in the RBC Heritage with a 5-under 66 and appears to be getting back to the reliable form that made him a two-time major champion. Masters champion Scottie Scheffler's form never seems to change. Even after an emotionally taxing victory at Augusta National, a quick trip home to Dallas and only nine holes of practice, the world's No. 1 player is right in the mix. It's crowded at the top after two days of warm, ideal co

  • Phillies' Turnbull loses no-hit bid when Sheets singles for White Sox in 7th inning

    PHILADELPHIA (AP) — Philadelphia's Spencer Turnbull lost his bid for a second career no-hitter when he allowed a one-out single in the seventh inning Friday night to Gavin Sheets of the Chicago White Sox. The 31-year-old Phillies right-hander pitched a no-hitter for Detroit against Seattle on May 18, 2021, his only complete game in 63 starts entering the night. He walked one and struck out six over the first six innings. Sheets singled on a line drive to right field. Turnbull is 1-0 this season

  • Investigating signature fraud in Arizona's elections

    Investigating petition fraud.

  • Palm Beach Gardens, Dwyer tie 3-3 at Roger Dean Chevrolet Stadium

    The baseball regular season will wrap up next week ahead of the district tournament.

  • When Will Poseidon Nickel Limited (ASX:POS) Breakeven?

    With the business potentially at an important milestone, we thought we'd take a closer look at Poseidon Nickel...

  • Here Is Why Enbridge Is a No-Brainer Dividend Stock

    For investors looking for a no-brainer dividend stock worth holding for the long term, here's why Enbridge (TSX:ENB) should be on the list. The post Here Is Why Enbridge Is a No-Brainer Dividend Stock appeared first on The Motley Fool Canada.

  • Hot Takeaway: Concentration in 1 Stock Can Be Just Fine

    Concentration in one stock can be alright under the right circumstances, and far better than buying a bunch of poor-performing stocks. The post Hot Takeaway: Concentration in 1 Stock Can Be Just Fine appeared first on The Motley Fool Canada.