Stock Analysis

Independent Director Virgis Colbert Just Sold A Bunch Of Shares In STAG Industrial, Inc. (NYSE:STAG)

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Some STAG Industrial, Inc. (NYSE:STAG) shareholders may be a little concerned to see that the Independent Director, Virgis Colbert, recently sold a substantial US$761k worth of stock at a price of US$31.82 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 58% of their entire holding.

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STAG Industrial Insider Transactions Over The Last Year

In fact, the recent sale by Virgis Colbert was the biggest sale of STAG Industrial shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was slightly below the current price of US$32.44, an insider wanted to cash in some shares. 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. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was 58% of Virgis Colbert's holding.

In the last year STAG Industrial insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

NYSE:STAG Insider Trading Volume March 16th 2023

I will like STAG Industrial better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership Of STAG Industrial

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.2% of STAG Industrial shares, worth about US$9.7m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At STAG Industrial Tell Us?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. When you consider that most companies have higher levels of insider ownership, we're a little wary. We'd certainly practice some caution before buying! 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. Case in point: We've spotted 4 warning signs for STAG Industrial you should be aware of, and 2 of these shouldn't be ignored.

But note: STAG Industrial 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.

What are the risks and opportunities for STAG Industrial?

STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States.

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  • Trading at 3.8% below our estimate of its fair value


  • Earnings are forecast to decline by an average of 17.6% per year for the next 3 years

  • Interest payments are not well covered by earnings

  • Significant insider selling over the past 3 months

  • Large one-off items impacting financial results

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