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
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.
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.
