TPL), Allan Tessler, Has Just Spent US$302k Buying Shares


<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Investors who are interested in Texas Pacific Land Trust (NYSE: TPL) should certainly note that insider Allan Tessler recently paid $ 604 per share to buy $ 302,000 worth of securities. Although the purchase only increases their participation by 4.3%, it is still a solid purchase. "Data-reactid =" 27 "> Investors who are interested in Texas Pacific Land Trust (NYSE: TPL) should definitely note that insider Allan Tessler recently paid $ 604 per share to buy $ 302,000 worth of shares. Although the purchase has only increased their participation by 4.3%, it is still a solid purchase in our eyes.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " See our latest analysis for Texas Pacific Land Trust "data-reactid =" 28 "> See our latest analysis for Texas Pacific Land Trust

Texas Pacific Land Trust insider trading in the last year

Last year, we can see that the biggest insider sale was conducted by insider, Maurice Meyer, for shares worth $ 573,000, at around 576 USD per share. This means that an insider was selling shares at a price slightly lower than the current price ($ 612). Generally, we consider it discouraging that insiders sell below the current price because they suggest that they were satisfied with a lower valuation. However, if the sale of insiders sometimes discourages, it is only a weak signal. This unique sale represents only 1.4% of the participation of Maurice Meyer. The only seller of insiders during the last year was Maurice Meyer.

During the past year, we can see that insiders have purchased 900 shares valued at $ 548,000. But they sold 1500 for US $ 877k. Maurice Meyer sold a total of 1500 shares during the year at an average price of 584 USD. You can see a visual representation of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, how much and when, just click on the graph below!

NYSE: TPL Recent Insider Trading, October 9, 2019

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Insider property of Texas Pacific Land Trust

Another way to test the alignment between the executives of a company and other shareholders is to determine the number of shares that they own. Usually, the higher the ownership of insiders, the more likely it is that insiders will be encouraged to build the company in the long run. According to our data, it would appear that Texas Pacific Land Trust insiders hold 0.2% of the company, valued at about 9.8 million US dollars. We generally prefer to see higher levels of insider property.

What could we say insider trading at Texas Pacific Land Trust?

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The recent insider purchase is encouraging." we can not say the same thing for the past 12 months We are not pleased by the relatively low ownership of insiders and the long-term trading history, but we like recent purchases. I like to dive deeper in how a company has performed in the past. You can find incomes and incomes in this detailed graph. "data-reactid =" 48 "> The recent insider buy is encouraging, but we can not say the same about the last 12 months' transactions, we are not happy about the relatively small number of shareholders held and long-term transaction history, but we like recent purchases. I like to dive deeper in how a company has performed in the past. You can find incomes and historical incomes in this detailed graph.

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "For the purpose of this article, insiders are those who report their transactions to the relevant regulatory agency. We currently account for open market transactions and private assignments, but not derivative transactions."data-reactid =" 50 ">For the purpose of this article, insiders are those who report their transactions to the relevant regulatory agency. We currently account for open market transactions and private assignments, but not derivative transactions.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Our goal is to provide you with a long-term research analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive business announcements or qualitative information.

If you notice an error that can be corrected, please contact the publisher at editorial-team@simplywallst.com. This article from Simply Wall St is of a general nature. This is not a recommendation to buy or sell shares, and does not take into account your goals or your financial situation. Simply Wall St has no position on the actions mentioned. Thanks for the reading."data-reactid =" 51 ">Our goal is to provide you with a long-term research analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive business announcements or qualitative information.

If you notice an error that needs to be corrected, please contact the publisher at editorial-team@simplywallst.com. This article from Simply Wall St is of a general nature. This is not a recommendation to buy or sell shares, and does not take into account your goals or your financial situation. Simply Wall St has no position on the actions mentioned. Thanks for the reading.

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