Independent Chairman of Vital Healthcare Management Limited Graham Stuart Just Bought A Handful Of Shares In Vital Healthcare Property Trust (NZSE:VHP)

Whilst it may not be a huge deal, we thought it was good to see that the Vital Healthcare Property Trust (NZSE:VHP) Independent Chairman of Vital Healthcare Management Limited, Graham Stuart, recently bought NZ$93k worth of stock, for NZ$3.09 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

View our latest analysis for Vital Healthcare Property Trust

Vital Healthcare Property Trust Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Independent Director of Vital Healthcare Management Limited Andrew Evans bought NZ$112k worth of shares at a price of NZ$2.80 per share. That means that an insider was happy to buy shares at around the current price of NZ$2.95. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Vital Healthcare Property Trust insiders decided to buy shares at close to current prices.

While Vital Healthcare Property Trust insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Vital Healthcare Property Trust 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.

Does Vital Healthcare Property Trust Boast High Insider Ownership?

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. Vital Healthcare Property Trust insiders own about NZ$30m worth of shares. That equates to 1.9% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Vital Healthcare Property Trust Insiders?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Insiders likely see value in Vital Healthcare Property Trust shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 4 warning signs for Vital Healthcare Property Trust (2 are concerning) you should be aware of.

But note: Vital Healthcare Property Trust may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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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