Anyone interested in Federal Realty Investment Trust (NYSE:FRT) should probably be aware that the Executive VP, Daniel Guglielmone, recently divested US$150k worth of shares in the company, at an average price of US$125 each. However, the silver lining is that the sale only reduced their total holding by 3.9%, so we’re hesitant to read anything much into it, on its own.
The Last 12 Months Of Insider Transactions At Federal Realty Investment Trust
Notably, that recent sale by Daniel Guglielmone is the biggest insider sale of Federal Realty Investment Trust shares that we’ve seen in the last year. That means that even when the share price was slightly below the current price of US$127, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don’t know for sure what they think of the stock price. This single sale was just 3.9% of Daniel Guglielmone’s stake.
You can see the insider transactions (by individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
I will like Federal Realty Investment Trust better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does Federal Realty Investment Trust Boast High Insider Ownership?
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. A high insider ownership often makes company leadership more mindful of shareholder interests. Federal Realty Investment Trust insiders own about US$87m worth of shares. That equates to 0.9% 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 Federal Realty Investment Trust Insider Transactions Indicate?
An insider sold Federal Realty Investment Trust shares recently, but they didn’t buy any. Looking to the last twelve months, our data doesn’t show any insider buying. On the plus side, Federal Realty Investment Trust makes money, and is growing profits. While insiders do own shares, they don’t own a heap, and they have been selling. So we’d only buy after careful consideration. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Federal Realty Investment Trust.
Of course Federal Realty Investment Trust 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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