Stock Analysis

The Senior VP of Ventas, Inc. (NYSE:VTR), Gregory Liebbe, Just Sold 27% Of Their Holding

  •  Updated
NYSE:VTR
Source: Shutterstock

We'd be surprised if Ventas, Inc. (NYSE:VTR) shareholders haven't noticed that the Senior VP, Gregory Liebbe, recently sold US$200k worth of stock at US$54.04 per share. The eyebrow raising move amounted to a reduction of 27% in their holding.

Check out our latest analysis for Ventas

Ventas Insider Transactions Over The Last Year

The Executive VP & CFO, Robert Probst, made the biggest insider sale in the last 12 months. That single transaction was for US$675k worth of shares at a price of US$42.20 each. That means that even when the share price was below the current price of US$52.90, 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 26% of Robert Probst's stake.

Insiders in Ventas didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NYSE:VTR Insider Trading Volume February 28th 2021

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does Ventas Boast High 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 Ventas insiders own 0.3% of the company, worth about US$68m. 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 Ventas Insiders?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. 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 instance, we've identified 5 warning signs for Ventas (2 are a bit concerning) you should be aware of.

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.

If you’re looking to trade Ventas, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted


Valuation is complex, but we're helping make it simple.

Find out whether Ventas is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis