Sirius Real Estate Asset Management Director Acquires 94% More Stock

Potential Sirius Real Estate Limited (LON:SRE) shareholders may wish to note that the Asset Management Director, Craig Hoskins, recently bought UK£216k worth of stock, paying UK£0.99 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 94%, potentially signalling some real optimism.

View 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. That means that even when the share price was below the current price of UK£1.01, 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 4.3% of Andrew Coombs's stake. The only individual insider seller over the last year was Andrew Coombs.

In the last twelve months insiders purchased 569.44k shares for UK£520k. But insiders sold 500.00k shares worth UK£451k. In total, Sirius Real Estate insiders bought more than they sold over 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!

Sirius Real Estate is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Sirius Real Estate

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Sirius Real Estate insiders own about UK£23m worth of shares. That equates to 1.7% of the company. 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?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Sirius Real Estate insiders are well aligned, and that they may think the share price is too low. 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. At Simply Wall St, we've found that Sirius Real Estate has 2 warning signs (1 is significant!) that deserve your attention before going any further with your analysis.

Of course Sirius Real Estate 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 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.