LPG DORIAN LPG LTD.
Last updated: Mar 16, 2026
Execution Consistency
Did the company actually spend money buying back stock in 3+ of the last 4 quarters?
Bought back stock in 3/4 quarters. Q1 2026: $2M, Q3 2026: $0M, Q2 2026: $2M, Q3 2025: $0M
Execution Acceleration
Is the most recent quarter's buyback spend more than 15% above the trailing average?
Latest quarter $2M vs trailing avg $1M (+119%)
Buyback vs FCF
What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.
Buyback $4M / FCF $24M = 18% of FCF
Buyback Intensity
How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.
Repurchased 7,150,000 shares = 16.7% of 42,747,720 outstanding (annualized)
Insider Buying
Are officers and directors buying stock with their own money on the open market?
4 open-market purchases by 1 insiders
- HADJIPATERAS JOHN C (President and CEO) bought 15,000 shares at $27.30 on 2026-01-07
- HADJIPATERAS JOHN C (President and CEO) bought 12,500 shares at $17.75 on 2025-04-08
- HADJIPATERAS JOHN C (President and CEO) bought 12,500 shares at $17.75 on 2025-04-08
- HADJIPATERAS JOHN C (President and CEO) bought 5,000 shares at $17.75 on 2025-04-08
Insider-Buyback Convergence
Are insider purchases happening during the same quarters the company is actively buying back stock?
Insider buying coincided with company buybacks in 1 of 4 quarters
- Q1 2026: HADJIPATERAS JOHN C bought while company spent $2M
Insider Net Direction
Looking at all open-market transactions, are insiders net buyers or net sellers?
Insiders bought $1M, sold $3M (net selling)
Red Flag
Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.
Company buying back stock while insiders sold 3.4x more than bought. 3 C-suite officers among sellers
- Young Theodore B. (Chief Financial Officer) sold 10,000 shares on 2026-02-18
- Hansen Tim Truels (Chief Commercial Officer) sold 35,000 shares on 2026-02-18
- Hansen Tim Truels (Chief Commerical Officer) sold 25,000 shares on 2026-01-14
- Hadjipateras Alexander C. (Chief Operating Officer) sold 5,000 shares on 2025-09-16
- Hadjipateras Alexander C. (Chief Operating Officer) sold 5,000 shares on 2025-08-27