Have Insiders Sold IREIT Global (SGX:UD1U) Shares Recently?

Anyone interested in IREIT Global (SGX:UD1U) should probably be aware that a company insider, Arvind Tiku, recently divested S$150k worth of shares in the company, at an average price of S$0.60 each. On the bright side, that sale was only 0.4% of their holding, so we doubt it's very meaningful, on its own.

See our latest analysis for IREIT Global

The Last 12 Months Of Insider Transactions At IREIT Global

Notably, that recent sale by Arvind Tiku is the biggest insider sale of IREIT Global shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of S$0.59. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

In the last twelve months insiders purchased 363.00k shares for S$234k. On the other hand they divested 250.00k shares, for S$150k. Overall, IREIT Global insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

IREIT Global is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of IREIT Global

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. IREIT Global insiders own about S$36m worth of shares. That equates to 5.2% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About IREIT Global Insiders?

An insider sold stock recently, but they haven't been buying. But we take heart from prior transactions. It's good to see insiders are shareholders. So we're not overly bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing IREIT Global. For example, IREIT Global has 5 warning signs (and 2 which are a bit unpleasant) we think you should know about.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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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.