Insider Stock Buying Reaches UK£438.0k On British Land

Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of British Land Company PLC (LON:BLND), it sends a favourable message to the company's shareholders.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

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British Land Insider Transactions Over The Last Year

The CEO & Director, Simon Carter, made the biggest insider sale in the last 12 months. That single transaction was for UK£347k worth of shares at a price of UK£3.58 each. That means that an insider was selling shares at slightly below the current price (UK£3.73). 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 11% of Simon Carter's stake. Notably Simon Carter was also the biggest buyer, having purchased UK£438k worth of shares.

Happily, we note that in the last year insiders paid UK£438k for 125.68k shares. On the other hand they divested 120.08k shares, for UK£430k. In the last twelve months there was more buying than selling by British Land insiders. 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!

View our latest analysis for British Land

British Land 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.

British Land Insiders Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at British Land. Independent Non-Executive Director Mark Aedy purchased UK£9.8k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Insider Ownership Of British Land

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.1% of British Land shares, worth about UK£4.1m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At British Land Tell Us?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if British Land insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing British Land. When we did our research, we found 3 warning signs for British Land (1 is a bit unpleasant!) that we believe deserve your full attention.

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.