Have Insiders Sold Healthcare Realty Trust Incorporated (NYSE:HR) Shares Recently?

Investors may wish to note that the Executive Vice President of Investments of Healthcare Realty Trust Incorporated, Robert Hull, recently netted US$59k from selling stock, receiving an average price of US$36.25. On the bright side, that’s just a small sale and only reduced their holding by 1.2%.

View our latest analysis for Healthcare Realty Trust

Healthcare Realty Trust Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the President, Todd Meredith, sold US$453k worth of shares at a price of US$32.50 per share. So it’s clear an insider wanted to take some cash off the table, even below the current price of US$36.64. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don’t know for sure what they think of the stock price. It is worth noting that this sale was only 2.8% of Todd Meredith’s holding.

Insiders in Healthcare Realty Trust didn’t buy any shares in the last year. You can see a visual depiction of insider transactions (by 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!

NYSE:HR Recent Insider Trading, March 11th 2020
NYSE:HR Recent Insider Trading, March 11th 2020

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. Insiders own 1.0% of Healthcare Realty Trust shares, worth about US$50m. 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 Healthcare Realty Trust Insider Transactions Indicate?

Insiders sold Healthcare Realty Trust shares recently, but they didn’t buy any. Looking to the last twelve months, our data doesn’t show any insider buying. Insider ownership isn’t particularly high, so this analysis makes us cautious about the company. We’re in no rush to buy! In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing Healthcare Realty Trust. For example – Healthcare Realty Trust has 4 warning signs we think you should be aware of.

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.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.