Key Points
- Linkers Industries major shareholder Financial Lp Hrt sold 21,059 shares on July 7 at an average price of $1.49, totaling about $31,378. After the sale, the insider still held 140,759 shares, a 13.01% reduction in position.
- The shareholder has been actively trading the stock recently, with several additional buys and sells in late June and early July, including a larger sale of 9,299 shares on July 2 and a purchase of 32,502 shares on June 23.
- LNKS remains under pressure: shares were down 0.7% to $1.43, and the stock carries a "Sell" consensus rating from analysts. The company also reported a quarterly loss of $6.54 per share on revenue of $1.35 million.
Linkers Industries Limited (NASDAQ:LNKS - Get Free Report) major shareholder Financial Lp Hrt sold 21,059 shares of Linkers Industries stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $1.49, for a total transaction of $31,377.91. Following the completion of the transaction, the insider owned 140,759 shares of the company's stock, valued at $209,730.91. This trade represents a 13.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company's shares 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 Monday, July 6th, Financial Lp Hrt sold 135 shares of Linkers Industries stock. The stock was sold at an average price of $1.60, for a total value of $216.00.
- On Thursday, July 2nd, Financial Lp Hrt sold 9,299 shares of Linkers Industries stock. The shares were sold at an average price of $1.60, for a total value of $14,878.40.
- On Wednesday, July 1st, Financial Lp Hrt acquired 392 shares of Linkers Industries stock. The stock was acquired at an average price of $1.63 per share, with a total value 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 value of $8,765.83.
- On Monday, June 29th, Financial Lp Hrt acquired 3,887 shares of Linkers Industries stock. The stock was acquired at an average cost of $1.80 per share, for a total transaction of $6,996.60.
- On Friday, June 26th, Financial Lp Hrt bought 2,938 shares of Linkers Industries stock. The shares were acquired at an average price of $1.98 per share, for a total transaction of $5,817.24.
- On Thursday, June 25th, Financial Lp Hrt bought 7,029 shares of Linkers Industries stock. The shares were acquired at an average price of $2.06 per share, for a total transaction of $14,479.74.
- On Wednesday, June 24th, Financial Lp Hrt bought 2,403 shares of Linkers Industries stock. The stock was acquired at an average price of $2.32 per share, with a total value of $5,574.96.
- On Tuesday, June 23rd, Financial Lp Hrt bought 32,502 shares of Linkers Industries stock. The stock was acquired at an average price of $2.34 per share, with a total value of $76,054.68.
Linkers Industries Stock Down 0.7%
Linkers Industries stock opened at $1.43 on Friday. The stock has a 50-day simple moving average of $1.67 and a 200 day simple moving average of $89.71. The company has a quick ratio of 3.53, a current ratio of 4.69 and a debt-to-equity ratio of 0.02. Linkers Industries Limited has a 12-month low of $1.14 and a 12-month high of $420.00.
Linkers Industries (NASDAQ:LNKS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($6.54) EPS for the quarter. The business had revenue of $1.35 million for the quarter.
Analyst Ratings Changes
Several research firms have recently commented on LNKS. Wall Street Zen raised shares of 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 report on Monday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Linkers Industries currently has an average rating of "Sell".
Check Out Our Latest Analysis on LNKS
Linkers Industries Company Profile
(
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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