Susan MacDonald Is The Independent Director of Waypoint REIT (ASX:WPR) And Just Spent AU$75k On Shares

Whilst it may not be a huge deal, we thought it was good to see that the Waypoint REIT (ASX:WPR) Independent Director, Susan MacDonald, recently bought AU$75k worth of stock, for AU$2.67 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for Waypoint REIT

The Last 12 Months Of Insider Transactions At Waypoint REIT

In fact, the recent purchase by Susan MacDonald was the biggest purchase of Waypoint REIT shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of AU$2.59. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Susan MacDonald was the only individual insider to buy during the last year.

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!

Waypoint REIT is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Waypoint REIT

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data isn't picking up on much insider ownership at Waypoint REIT, though insiders do hold about AU$828k worth of shares. This level of insider ownership is notably low, and not very encouraging.

What Might The Insider Transactions At Waypoint REIT Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Waypoint REIT stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Waypoint REIT. Our analysis shows 3 warning signs for Waypoint REIT (1 is concerning!) and we strongly recommend you look at these 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.

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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.