A Blackstone Mortgage Trust, Inc. (NYSE:BXMT) insider increased their holdings by 40% last year

By
Simply Wall St
Published
March 17, 2022
NYSE:BXMT
Source: Shutterstock

Viewing insider transactions for Blackstone Mortgage Trust, Inc.'s (NYSE:BXMT ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Blackstone Mortgage Trust

Blackstone Mortgage Trust Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Director Henry Nassau for US$982k worth of shares, at about US$32.73 per share. That means that an insider was happy to buy shares at above the current price of US$31.53. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Henry Nassau was the only individual insider to buy shares in the last twelve months.

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!

insider-trading-volume
NYSE:BXMT Insider Trading Volume March 17th 2022

Blackstone Mortgage 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.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.2% of Blackstone Mortgage Trust shares, worth about US$63m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Blackstone Mortgage Trust Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Blackstone Mortgage Trust shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Overall we don't see anything to make us think Blackstone Mortgage Trust insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Blackstone Mortgage Trust. Be aware that Blackstone Mortgage Trust is showing 3 warning signs in our investment analysis, and 1 of those is a bit concerning...

But note: Blackstone Mortgage 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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