Potential Urban Logistics REIT plc (LON:SHED) shareholders may wish to note that the Independent Non-Executive Chairman, Nigel Sutherland Rich, recently bought UK£151k worth of stock, paying UK£1.37 for each share. That’s a very decent purchase to our minds and it grew their holding by a solid 49%.
Urban Logistics REIT Insider Transactions Over The Last Year
Notably, that recent purchase by Nigel Sutherland Rich is the biggest insider purchase of Urban Logistics REIT shares that we’ve seen in the last year. So it’s clear an insider wanted to buy, even at a higher price than the current share price (being UK£1.28). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it’s very important to consider the price insiders pay for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
In the last twelve months Urban Logistics REIT insiders were buying shares, but not selling. You can see the insider transactions (by 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).
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. Based on our data, Urban Logistics REIT insiders have about 0.9% of the stock, worth approximately UK£2.1m. We consider this fairly low insider ownership.
What Might The Insider Transactions At Urban Logistics REIT Tell Us?
It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Urban Logistics REIT insiders are expecting a bright future. 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. You’d be interested to know, that we found 3 warning signs for Urban Logistics REIT and we suggest you have a look.
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.
If you spot an error that warrants correction, please contact the editor at email@example.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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