In the last twelve months LiveXLive Media insiders were buying shares, but not selling. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$5.06. Over the last year, we can see that the biggest insider purchase was by Founder Robert Ellin for US$89k worth of shares, at about US$2.80 per share. View our latest analysis for LiveXLive Media LiveXLive Media Insider Transactions Over The Last Year For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'. But logic dictates you should pay some attention to whether insiders are buying or selling shares. We would never suggest that investors should base their decisions solely on what the directors of a company have been doing.
However, such insiders must disclose their trading activities, and not trade on inside information. It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. ( NASDAQ:LIVX), you may well want to know whether insiders have been buying or selling.
So before you buy or sell LiveXLive Media, Inc. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly.
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