Insider Buying: Linkers Industries (NASDAQ:LNKS) Major Shareholder Purchases 7,845 Shares of Stock

Linkers Industries Limited (NASDAQ:LNKSGet Free Report) major shareholder Financial Lp Hrt acquired 7,845 shares of Linkers Industries stock in a transaction that occurred on Thursday, July 9th. The shares were bought at an average price of $1.45 per share, with a total value of $11,375.25. Following the transaction, the insider directly owned 147,124 shares in the company, valued at approximately $213,329.80. This trade represents a 5.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Wednesday, July 8th, Financial Lp Hrt sold 1,480 shares of Linkers Industries stock. The stock was sold at an average price of $1.41, for a total value of $2,086.80.
  • On Tuesday, July 7th, Financial Lp Hrt sold 21,059 shares of Linkers Industries stock. The shares were sold at an average price of $1.49, for a total value of $31,377.91.
  • On Monday, July 6th, Financial Lp Hrt sold 135 shares of Linkers Industries stock. The shares were sold at an average price of $1.60, for a total transaction of $216.00.
  • On Thursday, July 2nd, Financial Lp Hrt sold 9,299 shares of Linkers Industries stock. The stock was sold at an average price of $1.60, for a total transaction of $14,878.40.
  • On Wednesday, July 1st, Financial Lp Hrt acquired 392 shares of Linkers Industries stock. The stock was purchased at an average cost of $1.63 per share, for a total transaction of $638.96.
  • On Tuesday, June 30th, Financial Lp Hrt sold 5,249 shares of Linkers Industries stock. The shares were sold at an average price of $1.67, for a total transaction of $8,765.83.
  • On Monday, June 29th, Financial Lp Hrt bought 3,887 shares of Linkers Industries stock. The shares were purchased at an average cost of $1.80 per share, with a total value of $6,996.60.
  • On Friday, June 26th, Financial Lp Hrt bought 2,938 shares of Linkers Industries stock. The stock was purchased at an average price of $1.98 per share, with a total value of $5,817.24.
  • On Thursday, June 25th, Financial Lp Hrt bought 7,029 shares of Linkers Industries stock. The stock was purchased at an average price of $2.06 per share, with a total value of $14,479.74.
  • On Wednesday, June 24th, Financial Lp Hrt purchased 2,403 shares of Linkers Industries stock. The stock was purchased at an average price of $2.32 per share, for a total transaction of $5,574.96.

Linkers Industries Stock Performance

Shares of LNKS traded down $0.03 during mid-day trading on Monday, reaching $1.39. 45,774 shares of the company’s stock traded hands, compared to its average volume of 1,434,052. The business’s 50-day moving average price is $1.67 and its 200-day moving average price is $89.18. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.53 and a current ratio of 4.69. Linkers Industries Limited has a 12 month low of $1.14 and a 12 month high of $420.00.

Linkers Industries (NASDAQ:LNKSGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($6.54) earnings per share (EPS) for the quarter. The company had revenue of $1.35 million during the quarter.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on LNKS. Wall Street Zen raised Linkers Industries from a “strong sell” rating to a “sell” rating in a research note on Sunday, June 28th. Weiss Ratings restated a “sell (e+)” rating on shares of Linkers Industries in a research note on Monday, July 6th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on LNKS

About Linkers Industries

(Get Free Report)

Linkers Industries Ltd. is a holding company, which engages in the business of manufacturing, supplying, and selling connectors, assemblies, wire, and cable harnesses. It operates through the following geographical segments: Thailand, Malaysia, Switzerland, the United States of America, and Others. The company was founded on December 8, 2022 and is headquartered in Sungai Petani, Malaysia.

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Insider Buying and Selling by Quarter for Linkers Industries (NASDAQ:LNKS)

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