Yahoo Finance Positive Signs As Multiple Insiders Buy Essential Properties Realty Trust Stock \
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Essential Properties Realty Trust, Inc.'s (NYSE:EPRT) instance, it's good news for shareholders.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Essential Properties Realty Trust
The Last 12 Months Of Insider Transactions At Essential Properties Realty Trust
The President Peter Mavoides made the biggest insider purchase in the last 12 months. That single transaction was for US$414k worth of shares at a price of US$20.68 each. Even though the purchase was made at a significantly lower price than the recent price (US$25.22), 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.
Essential Properties Realty Trust insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart 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 Essential Properties Realty Trust
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Essential Properties Realty Trust insiders own about US$27m worth of shares. That equates to 0.7% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The Essential Properties Realty Trust Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Essential Properties Realty Trust shares in the last quarter. However, our analysis of transactions over the last year is heartening. Overall we don't see anything to make us think Essential Properties Realty Trust insiders are doubting the company, and they do own shares. 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. For example, Essential Properties Realty Trust has 3 warning signs (and 1 which is significant) we think you should know about.
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.
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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.
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