Insiders were net sellers of Sirius Real Estate Limited's (LON:SRE ) stock during the past year. That is, insiders sold more stock than they bought.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Sirius Real Estate
The Last 12 Months Of Insider Transactions At Sirius Real Estate
Over the last year, we can see that the biggest insider sale was by the CEO & Executive Director, Andrew Coombs, for UK£451k worth of shares, at about UK£0.90 per share. So we know that an insider sold shares at around the present share price of UK£0.89. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Andrew Coombs was the only individual insider to sell over the last year. Notably Andrew Coombs was also the biggest buyer, having purchased UK£288k worth of shares.
Happily, we note that in the last year insiders paid UK£288k for 341.14k shares. But they sold 500.00k shares for UK£451k. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
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Insiders At Sirius Real Estate Have Bought Stock Recently
It's good to see that Sirius Real Estate insiders have made notable investments in the company's shares. In total, insiders bought UK£204k worth of shares in that time, and we didn't record any sales whatsoever. This is a positive in our book as it implies some confidence.
Insider Ownership Of Sirius Real Estate
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.7% of Sirius Real Estate shares, worth about UK£21m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Do The Sirius Real Estate Insider Transactions Indicate?
The recent insider purchases are heartening. But we can't say the same for the transactions over the last 12 months. We don't take much heart from transactions by Sirius Real Estate insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. In short they are likely aligned with shareholders. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For instance, we've identified 5 warning signs for Sirius Real Estate (1 makes us a bit uncomfortable) you should be aware of.
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 of direct interests only, but not derivative transactions or indirect interests.
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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.
About LSE:SRE
Sirius Real Estate
A real estate company, engages in the investment, development, and operation of commercial and industrial properties in Germany and the United Kingdom.
6 star dividend payer and good value.