Insider Buying: L1 Long Short Fund Ltd (ASX:LSF) Insider Acquires 70,000 Shares of Stock

L1 Long Short Fund Ltd (ASX:LSF) insider Raphael Lamm bought 70,000 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were acquired at an average price of A$1.64 ($1.16) per share, for a total transaction of A$114,940.00 ($81,517.73).

Raphael Lamm also recently made the following trade(s):

  • On Tuesday, December 24th, Raphael Lamm bought 7,600 shares of L1 Long Short Fund stock. The stock was acquired at an average cost of A$1.62 ($1.15) per share, with a total value of A$12,289.20 ($8,715.74).
  • On Wednesday, December 18th, Raphael Lamm purchased 6,666 shares of L1 Long Short Fund stock. The stock was acquired at an average price of A$1.63 ($1.16) per share, with a total value of A$10,865.58 ($7,706.09).
  • On Monday, December 16th, Raphael Lamm purchased 6,609 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$1.63 ($1.16) per share, for a total transaction of A$10,772.67 ($7,640.19).
  • On Friday, December 13th, Raphael Lamm purchased 26,668 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$1.59 ($1.13) per share, for a total transaction of A$42,455.46 ($30,110.25).
  • On Monday, December 9th, Raphael Lamm acquired 10,800 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$1.60 ($1.13) per share, for a total transaction of A$17,236.80 ($12,224.68).
  • On Thursday, December 5th, Raphael Lamm acquired 25,000 shares of L1 Long Short Fund stock. The stock was acquired at an average price of A$1.59 ($1.13) per share, with a total value of A$39,800.00 ($28,226.95).
  • On Tuesday, December 3rd, Raphael Lamm acquired 25,000 shares of L1 Long Short Fund stock. The stock was acquired at an average price of A$1.60 ($1.14) per share, with a total value of A$40,100.00 ($28,439.72).

Shares of ASX:LSF opened at A$1.62 ($1.15) on Wednesday. The firm has a market cap of $1.07 billion and a price-to-earnings ratio of -21.82. The business has a 50-day simple moving average of A$1.61 and a two-hundred day simple moving average of A$1.52. L1 Long Short Fund Ltd has a fifty-two week low of A$1.10 ($0.78) and a fifty-two week high of A$1.84 ($1.31).

About L1 Long Short Fund

L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.

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Insider Buying and Selling by Quarter for L1 Long Short Fund (ASX:LSF)

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