Yahoo Finance Director Eric Press Just Bought Shares In Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)
Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) shareholders (or potential shareholders) will be happy to see that the Director, Eric Press, recently bought a whopping US$660k worth of stock, at a price of US$6.60. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 48%.
Check out our latest analysis for Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance Insider Transactions Over The Last Year
Notably, that recent purchase by Eric Press is the biggest insider purchase of Apollo Commercial Real Estate Finance shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$6.99. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Apollo Commercial Real Estate Finance insiders decided to buy shares at close to current prices.
Over the last year, we can see that insiders have bought 130.00k shares worth US$905k. But insiders sold 20000 shares worth US$380k. Overall, Apollo Commercial Real Estate Finance insiders were net buyers last year. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of Apollo Commercial Real Estate Finance
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. From looking at our data, insiders own US$4.0m worth of Apollo Commercial Real Estate Finance stock, about 0.4% of the company. I generally like to see higher levels of ownership.
So What Does This Data Suggest About Apollo Commercial Real Estate Finance Insiders?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Apollo Commercial Real Estate Finance insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Apollo Commercial Real Estate Finance. Our analysis shows 3 warning signs for Apollo Commercial Real Estate Finance (1 is a bit unpleasant!) and we strongly recommend you look at them before investing.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
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