Linkers Industries (NASDAQ:LNKS) Major Shareholder Financial Lp Hrt Sells 9,299 Shares

Linkers Industries Limited (NASDAQ:LNKSGet Free Report) major shareholder Financial Lp Hrt sold 9,299 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $1.60, for a total value of $14,878.40. Following the transaction, the insider owned 161,953 shares in the company, valued at $259,124.80. This trade represents a 5.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 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 transaction of $216.00.
  • On Wednesday, July 1st, Financial Lp Hrt purchased 392 shares of Linkers Industries stock. The stock was acquired at an average price 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 bought 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 bought at an average cost 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 stock was bought at an average price of $2.06 per share, for a total transaction of $14,479.74.
  • On Wednesday, June 24th, Financial Lp Hrt purchased 2,403 shares of Linkers Industries stock. The shares were purchased at an average cost 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 purchased at an average price of $2.34 per share, with a total value of $76,054.68.

Linkers Industries Stock Down 12.3%

LNKS traded down $0.20 during trading hours on Tuesday, hitting $1.42. The company’s stock had a trading volume of 113,880 shares, compared to its average volume of 1,477,825. The company has a 50-day simple moving average of $1.69 and a 200 day simple moving average of $91.33. 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 fifty-two week low of $1.14 and a fifty-two week high of $420.00.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Linkers Industries from a “strong sell” rating to a “sell” rating in a report on Sunday, June 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out 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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