Trade Alert: Independent Director Of Apollo Commercial Real Estate Finance Carmencita N. Whonder Has Sold Stock

Anyone interested in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) should probably be aware that the Independent Director, Carmencita N. Whonder, recently divested US$226k worth of shares in the company, at an average price of US$10.08 each. Equally important, that sale actually reduced their holding by a full 70% which hardly makes us feel bullish about the stock.

See our latest analysis for Apollo Commercial Real Estate Finance

The Last 12 Months Of Insider Transactions At Apollo Commercial Real Estate Finance

The Independent Director, Scott Prince, made the biggest insider sale in the last 12 months. That single transaction was for US$403k worth of shares at a price of US$10.10 each. So what is clear is that an insider saw fit to sell at around the current price of US$10.02. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

In the last year Apollo Commercial Real Estate Finance insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Does Apollo Commercial Real Estate Finance 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.5% of Apollo Commercial Real Estate Finance shares, worth about US$6.8m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Apollo Commercial Real Estate Finance Tell Us?

An insider hasn't bought Apollo Commercial Real Estate Finance stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we're not rushing to buy, to say the least. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example, Apollo Commercial Real Estate Finance has 3 warning signs (and 1 which can't be ignored) we think you should know about.

Of course Apollo Commercial Real Estate Finance 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.