Jeffrey Lipson Is The President of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) And They Just Picked Up 10% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) President, Jeffrey Lipson, recently bought US$73k worth of stock, for US$24.36 per share. That purchase might not be huge but it did increase their holding by 10%.

See our latest analysis for Hannon Armstrong Sustainable Infrastructure Capital

The Last 12 Months Of Insider Transactions At Hannon Armstrong Sustainable Infrastructure Capital

Over the last year, we can see that the biggest insider purchase was by Executive Chairman Jeffrey Eckel for US$293k worth of shares, at about US$29.26 per share. That means that an insider was happy to buy shares at above the current price of US$23.88. 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. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months Hannon Armstrong Sustainable Infrastructure Capital insiders were buying shares, but not selling. 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!

Hannon Armstrong Sustainable Infrastructure Capital 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

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Hannon Armstrong Sustainable Infrastructure Capital insiders own 1.7% of the company, worth about US$37m. 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 Hannon Armstrong Sustainable Infrastructure Capital Insiders?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Insiders likely see value in Hannon Armstrong Sustainable Infrastructure Capital shares, given these transactions (along with notable insider ownership of the company). While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Be aware that Hannon Armstrong Sustainable Infrastructure Capital is showing 4 warning signs in our investment analysis, and 2 of those are a bit unpleasant...

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, 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.