Insider Buying: L1 Long Short Fund Limited (ASX:LSF) Insider Acquires 4,591 Shares of Stock

L1 Long Short Fund Limited (ASX:LSF) insider Raphael Lamm purchased 4,591 shares of the company’s stock in a transaction on Friday, June 20th. The shares were purchased at an average price of A$2.87 ($1.86) per share, with a total value of A$13,162.40 ($8,547.01).

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

• On Wednesday, June 18th, Raphael Lamm bought 4,591 shares of L1 Long Short Fund stock. The shares were purchased at an average price of A$2.84 ($1.84) per share, with a total value of A$13,038.44 ($8,466.52).
• On Thursday, June 19th, Raphael Lamm purchased 8,205 shares of L1 Long Short Fund stock. The stock was acquired at an average price of A$2.86 ($1.86) per share, for a total transaction of A$23,466.30 ($15,237.86).
• On Monday, June 16th, Raphael Lamm acquired 9,183 shares of L1 Long Short Fund stock. The shares were acquired at an average price of A$2.81 ($1.83) per share, with a total value of A$25,813.41 ($16,761.96).
• On Thursday, June 12th, Raphael Lamm bought 9,183 shares of L1 Long Short Fund stock. The shares were acquired at an average price of A$2.85 ($1.85) per share, for a total transaction of A$26,134.82 ($16,970.66).
• On Tuesday, June 10th, Raphael Lamm purchased 6,887 shares of L1 Long Short Fund stock. The stock was bought at an average price of A$2.80 ($1.81) per share, with a total value of A$19,249.17 ($12,499.46).
• On Friday, June 6th, Raphael Lamm acquired 4,591 shares of L1 Long Short Fund stock. The stock was bought at an average cost of A$2.80 ($1.82) per share, for a total transaction of A$12,836.44 ($8,335.35).
• On Wednesday, June 4th, Raphael Lamm bought 9,548 shares of L1 Long Short Fund stock. The stock was bought at an average cost of A$2.78 ($1.80) per share, with a total value of A$26,524.34 ($17,223.60).
• On Thursday, May 29th, Raphael Lamm bought 4,774 shares of L1 Long Short Fund stock. The shares were bought at an average price of A$2.77 ($1.80) per share, for a total transaction of A$13,238.30 ($8,596.30).
• On Friday, May 23rd, Raphael Lamm purchased 57,290 shares of L1 Long Short Fund stock. The stock was bought at an average price of A$2.74 ($1.78) per share, with a total value of A$157,203.76 ($102,080.36).
• On Tuesday, May 27th, Raphael Lamm acquired 4,774 shares of L1 Long Short Fund stock. The shares were purchased at an average price of A$2.76 ($1.79) per share, for a total transaction of A$13,181.01 ($8,559.10).

L1 Long Short Fund Stock Performance

The company has a market cap of $1.75 billion, a price-to-earnings ratio of 10.21 and a beta of 1.09.

L1 Long Short Fund Company Profile

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.