Executive Vice President and Chief Information Officer of $LTC purchases 3,000 shares

A recent insider transaction within LTC caught the attention of market observers, with David M Boitano, the Executive Vice President and Chief Investment Officer of the firm, purchasing 3,000 shares on June 27, 2025, totaling an estimated $103,859. This move, disclosed through a filing with the Securities and Exchange Commission, saw Boitano increase their holdings in this particular class of stock by approximately 31.2%, bringing their total ownership to 12,626 shares of LTC stock.

Notably, this purchase by an insider is part of a series of transactions over the past six months, where LTC insiders have engaged in three trades, all purchases, with no reported sales. Boitano, in particular, has made a total of three acquisitions, accumulating a total of 10,000 shares at an estimated cost of $346,260 during this period. These trading activities by company insiders serve as essential information for market analysts and investors looking to track the sentiment and actions of those with direct knowledge and involvement in the company’s operations.

In parallel to insider transactions, hedge fund activities in LTC stock have also witnessed significant movements. Of note, 143 institutional investors have added LTC shares to their portfolios, while 115 have reduced their positions in the most recent quarter. The largest changes in holdings include Strategic Financial Concepts, LLC, removing 638,994 shares (a 97.1% reduction) from their portfolio, valued at approximately $22,652,337. Similarly, State Street Corp and UBS AM, part of UBS Asset Management Americas LLC, have made substantial withdrawals of LTC shares from their portfolios in the first quarter of 2025, demonstrating a repositioning of their holdings in the company.

Conversely, Jupiter Asset Management Ltd added 263,986 shares to their portfolio, signaling an optimistic outlook on LTC’s future performance. These strategic shifts in institutional ownership reflect the diverse perspectives and investment strategies of major players in the market, each responding to their analysis of LTC’s current and projected performance.

By following insider transactions and monitoring hedge fund activities, investors can gain valuable insights into market sentiment, potential future trends, and the overall health of a company. These actions serve as valuable indicators for decision-making, guiding investors in navigating the complex landscape of financial markets. It is crucial for investors to conduct thorough research, understand the implications of such transactions, and consider various sources of information to make informed investment decisions.