Positive Signs As Multiple Insiders Buy New Zealand King Salmon Investments Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2024
0mins
Should l Buy ?
Source: Yahoo Finance
Insider Transactions: Multiple insiders at New Zealand King Salmon Investments have recently purchased shares, indicating confidence in the company's future despite a lack of recent sales. The largest purchase was made by Non-Executive Director Jack Porus for NZ$349k at NZ$0.27 per share, above the current price of NZ$0.23.
Insider Ownership and Risks: Insiders own 4.9% of the company, valued at approximately NZ$6.1m, but higher ownership levels would be preferable. Additionally, there are three warning signs identified that potential investors should consider before buying shares.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
