Bullish Prodea Real Estate Investment Company Société Anonyme Insiders Loaded Up On €550.0k Of Stock

It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Prodea Real Estate Investment Company Société Anonyme's (ATH:PRODEA) case, it's fantastic news for shareholders.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

We've discovered 4 warning signs about Prodea Real Estate Investment Company Société Anonyme. View them for free.

Prodea Real Estate Investment Company Société Anonyme Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Executive Vice Chairman of the Board of Directors & CEO Aristotelis Karytinos bought €300k worth of shares at a price of €7.80 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being €5.90). 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. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Prodea Real Estate Investment Company Société Anonyme insiders may have bought shares in the last year, but they didn't sell any. 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!

View our latest analysis for Prodea Real Estate Investment Company Société Anonyme

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Does Prodea Real Estate Investment Company Société Anonyme Boast High Insider Ownership?

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From looking at our data, insiders own €1.0m worth of Prodea Real Estate Investment Company Société Anonyme stock, about 0.07% of the company. We consider this fairly low insider ownership.

What Might The Insider Transactions At Prodea Real Estate Investment Company Société Anonyme Tell Us?

The fact that there have been no Prodea Real Estate Investment Company Société Anonyme insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. The transactions are fine but it'd be more encouraging if Prodea Real Estate Investment Company Société Anonyme insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Prodea Real Estate Investment Company Société Anonyme. For instance, we've identified 4 warning signs for Prodea Real Estate Investment Company Société Anonyme (3 are a bit unpleasant) you should be aware of.

Of course Prodea Real Estate Investment Company Société Anonyme 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.