Potential Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) shareholders may wish to note that the Chairman of the Board, Michael Salvati, recently bought US$245k worth of stock, paying US$8.15 for each share. That’s a very solid buy in our book, and increased their holding by a noteworthy 49%.
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 Chairman of the Board Michael Salvati was not the only time they traded Apollo Commercial Real Estate Finance shares this year. They previously made a sale of -US$380.4k worth of shares at a price of US$19.02 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$7.59). So it may not shed much light on insider confidence at current levels.
The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
Does Apollo Commercial Real Estate Finance Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. Our data suggests Apollo Commercial Real Estate Finance insiders own 0.4% of the company, worth about US$4.1m. I generally like to see higher levels of ownership.
What Might The Insider Transactions At Apollo Commercial Real Estate Finance Tell Us?
It’s certainly positive to see the recent insider purchase. However, the longer term transactions are not so encouraging. Neither the level of insider ownership, nor the transactions over the last twelve months inspire us, but we think the recent buying is positive. In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing Apollo Commercial Real Estate Finance. Every company has risks, and we’ve spotted 3 warning signs for Apollo Commercial Real Estate Finance (of which 1 doesn’t sit too well with us!) you should know about.
Of course Apollo Commercial Real Estate Finance may not be the best stock to buy. So you may wish to see this free collection of high quality 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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