Lake Shore Bancorp Insider UPS with 23% during the year

Look at Lake Shore Bancorp, Inc. (Nasdaq: LSBK) Insider transactions In the past year we can see that insiders were net buyers. That is, more number of shares were bought by insiders than were sold.

Although we do not think that shareholders simply have to follow Insider transactions, logic dictates that you have to pay some attention to whether insiders buy or sell shares.

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In the past year we can see that the largest insider purchase of the independent chairman of the board was Kevin Sanvidge for US $ 59k in shares, with around US $ 13.58 per share. That means that even if the stock price was higher than US $ 12.93 (the recent price), an insider wanted to buy shares. Their opinion may have changed since then, but at least it shows that they felt optimistic at the time. We always take a careful bill of the price that insiders pay when buying shares. As a general rule, we feel more positive about a share when an insider has bought shares at upper current prices, because it suggests that he considered the share as a good price, even at a higher price. The only individual insider that would buy in the past year was Kevin Sanvidge.

In the past 12 months you can see a visual representation of Insider transactions (by companies and individuals). By clicking on the graph below, you will see the precise details of each insider transaction!

View our latest analysis for Lake Shore Bancorp

There are always many shares that buy insiders. If investing in less well -known companies is your style, you could look at this free List of companies. (Hint: they bought insiders).

Another way to test the coordination between the leaders of a company and other shareholders is by looking at how many shares they own. I think it is a good sign if insiders have a considerable number of shares in the company. Our data indicate that Lake Shore Bancorp insiders have around US $ 7.7 million in shares (that is 7.6% of the company). But they may have an indirect interest through a business structure that we have not picked up. In general, this level level is not that impressive, but it is certainly better than nothing!

It does not mean that no insider has traded Lake Shore Bancorp shares in the last quarter. Our analysis of transactions in the past year, however, is heartwarming. The transactions are fine, but it would be encouraging if Lake Shore Bancorp insiders bought more shares in the company. So although it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a certain company is confronted with. An example: we have seen 3 warning signals for Lake Shore Bancorp You must be aware, and 2 of these cannot be ignored.

Naturally Lake Shore Bancorp may not be the best stock to buy. So maybe you want to see this free collection of high quality companies.

For the purposes of this article are insiders who report their transactions to the relevant regulatory body. We are currently responsible for open market transactions and private dispositions of direct interests, but no derived transactions or indirect interests.

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This article by Simply Wall St is generally in nature. We comment based on historical data and analyst forecasts that only use an unbiased methodology and our articles are not intended as financial advice. It is not a recommendation to buy or sell shares and does not take your objectives or your financial situation into account. We strive to bring you in the long term -targeted analysis, powered by fundamental data. Note that our analysis may not take into account the latest price -sensitive company announcements or qualitative material. Simply Wall St has no position in the aforementioned stocks.