Financial Lp Hrt Sells 21,059 Shares of Linkers Industries (NASDAQ:LNKS) Stock

Linkers Industries Limited (NASDAQ:LNKSGet Free Report) major shareholder Financial Lp Hrt sold 21,059 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $1.49, for a total transaction of $31,377.91. Following the completion of the transaction, the insider directly owned 140,759 shares in the company, valued at $209,730.91. This represents a 13.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large 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 Wednesday, July 8th, Financial Lp Hrt sold 1,480 shares of Linkers Industries stock. The shares were 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 shares were 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 bought 392 shares of Linkers Industries stock. The shares were acquired 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 bought at an average cost of $1.80 per share, for a total transaction of $6,996.60.
  • On Friday, June 26th, Financial Lp Hrt acquired 2,938 shares of Linkers Industries stock. The shares were 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 purchased 7,029 shares of Linkers Industries stock. The shares were acquired at an average cost 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 shares were acquired at an average cost of $2.32 per share, for a total transaction of $5,574.96.
  • On Tuesday, June 23rd, Financial Lp Hrt bought 32,502 shares of Linkers Industries stock. The shares were bought at an average cost of $2.34 per share, for a total transaction of $76,054.68.

Linkers Industries Stock Down 0.7%

NASDAQ:LNKS opened at $1.42 on Friday. The company has a current ratio of 4.69, a quick ratio of 3.53 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. The firm has a fifty day simple moving average of $1.67 and a 200-day simple moving average of $89.09.

Linkers Industries (NASDAQ:LNKSGet Free Report) last posted its quarterly 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

Several equities research analysts have recently issued reports on LNKS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Linkers Industries in a research note on Monday. Wall Street Zen upgraded shares of Linkers Industries from a “strong sell” rating to a “sell” rating in a research report on Sunday, June 28th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Linkers Industries presently has an average rating of “Sell”.

Check Out Our Latest Report on Linkers Industries

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.

Further Reading

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

Receive News & Ratings for Linkers Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linkers Industries and related companies with MarketBeat.com's FREE daily email newsletter.