Bullish insiders bet CA$23m on Artis Real Estate Investment Trust (TSE:AX.UN)
In the past year, several insiders have their stocks Artis Real Estate Investment Trust (TSE: AX.UN) stock, suggesting insiders’ optimism about the company’s prospects has increased.
While we never suggest that investors base their decisions solely on the actions of a company’s directors, we would find it foolish to completely ignore insider trading.
Check out our latest analysis for Artis Real Estate Investment Trust
Artis Real Estate Investment Trust insider deals last year
The insider’s largest single purchase in the past twelve months was when CEO & Trustee Samir Manji bought shares for $ 4.5 million at a price of $ 10.79 per share. That means an insider thought the current price of CA $ 11.16 per share was tempting. Of course, they may have changed their minds. But that suggests that they are optimistic. While we always love to see inside buying, it is less meaningful if the purchases were made at much lower prices because the opportunity they saw may have passed. In this case, we are happy to inform you that the insider purchases were made at almost current prices.
Artis Real Estate Investment Trust insiders may have bought but not sold stocks in the past year. You can see insider transactions (by companies and individuals) over the past year in the graph below. If you want to know exactly who sold how much when, just click on the graphic below!
Insider trading volume
Artis Real Estate Investment Trust isn’t the only stock insiders are buying. For those who like to find winning investments this for free Growing companies list with recent insider purchases might just match you.
Artis Real Estate Investment Trust insiders recently bought shares
It’s good to see that Artis Real Estate Investment Trust insiders have made notable investments in the company’s stock. In total, two insiders spent $ 1.3 million on shares in the company – and none of them sold. This could be interpreted as a positive outlook.
The story goes on
Artis Real Estate Investment Trust insider ownership
For a common stockholder, it is worth checking how many shares are held by company insiders. A high proportion of insiders often means that management takes greater account of the interests of shareholders. It appears that Artis Real Estate Investment Trust insiders own 2.0% of the company, valued at approximately $ 27 million. We have certainly seen higher levels of insider ownership elsewhere, but these holdings are sufficient to suggest a match between insiders and the other shareholders.
What could insider deals at Artis Real Estate Investment Trust tell us?
It’s good to see recent purchases. Long-term insider transactions also give us confidence. Given that Insiders also own a sizable chunk of the Artis Real Estate Investment Trust, we believe they are likely to be fairly confident about a bright future. So it is helpful to know what insiders are doing in relation to buying or selling, but it is also helpful to know the risks a particular company is facing. For example, the Artis Real Estate Investment Trust has 2 warning signs (and 1 that cannot be ignored) in our opinion you should know.
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For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently account for open market transactions and private dispositions, but no derivative transactions.
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