Yahoo Finance Bullish insiders bet CA$2.5m on Choice Properties Real Estate Investment Trust (TSE:CHP.UN)
Multiple insiders secured a larger position in Choice Properties Real Estate Investment Trust (TSE:CHP.UN) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company's prospects.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Choice Properties Real Estate Investment Trust
Choice Properties Real Estate Investment Trust Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when President & CEO Rael Diamond bought CA$1.1m worth of shares at a price of CA$12.74 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$14.64), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
In the last twelve months insiders purchased 188.87k shares for CA$2.5m. But insiders sold 5.00k shares worth CA$75k. In the last twelve months there was more buying than selling by Choice Properties Real Estate Investment Trust insiders. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
Choice Properties Real Estate Investment Trust is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insiders at Choice Properties Real Estate Investment Trust Have Sold Stock Recently
Over the last three months, we've seen a bit of insider selling at Choice Properties Real Estate Investment Trust. CA$75k worth of shares were sold by insider Emma Adamo. But at least we saw CA$25k worth of buying. While it's not great to see insider selling, the net amount sold isn't enough for us to want to read anything into it.
Does Choice Properties Real Estate Investment Trust Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Choice Properties Real Estate Investment Trust insiders own 0.2% of the company, worth about CA$21m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Do The Choice Properties Real Estate Investment Trust Insider Transactions Indicate?
Insider selling has just outweighed insider buying in the last three months. But the difference is small, and thus, not concerning. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Choice Properties Real Estate Investment Trust and their transactions don't cause us concern. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. When we did our research, we found 5 warning signs for Choice Properties Real Estate Investment Trust (1 makes us a bit uncomfortable!) that we believe deserve your full attention.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
