Even if it's not a huge purchase, we think it was good to see that Gary Gerson, the CFO & Assistant Treasurer of Gladstone Commercial Corporation (NASDAQ:GOOD) recently shelled out US$87k to buy stock, at US$11.05 per share. That purchase might not be huge but it did increase their holding by 49%.
The Last 12 Months Of Insider Transactions At Gladstone Commercial
Notably, that recent purchase by Gary Gerson is the biggest insider purchase of Gladstone Commercial shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$11.26. That means they have been optimistic about the company in the past, though they may have changed their mind. 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 Gladstone Commercial insiders decided to buy shares at close to current prices.
While Gladstone Commercial insiders bought shares during the last year, they didn't sell. 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!
Check out our latest analysis for Gladstone Commercial
Gladstone Commercial is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Does Gladstone Commercial Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Gladstone Commercial insiders own 1.3% of the company, worth about US$6.8m. We do generally prefer see higher levels of insider ownership.
What Might The Insider Transactions At Gladstone Commercial Tell Us?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Gladstone Commercial insiders are expecting a bright future. 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, Gladstone Commercial has 2 warning signs (and 1 which is a bit concerning) we think you should know about.
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 of direct interests only, but not derivative transactions or indirect interests.
Valuation is complex, but we're here to simplify it.
Discover if Gladstone Commercial might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.