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Stock impact report

Insiders In LightInTheBox Holding Still Down 33% On US$731.8k Investment [Yahoo! Finance]

LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing twelve ordinary shares (LITB) 
Last lightinthebox holding co., ltd. american depositary shares, each representing twelve ordinary shares earnings: 6/15 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.lightinthebox.com
Company Research Source: Yahoo! Finance
However, the purchase is proving to be a costly gamble, since losses made by insiders have totalled US$244k since the time of purchase. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. Check out our latest analysis for LightInTheBox Holding The Last 12 Months Of Insider Transactions At LightInTheBox Holding In the last twelve months, the biggest single purchase by an insider was when insider Zhi Yan bought US$732k worth of shares at a price of US$0.78 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$0.52). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were w Show less Read more
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