Trade Alert: The Independent Non-Executive Director – Spring Asset Management Limited Of Spring Real Estate Investment Trust (HKG:1426), Simon Murray, Has Just Spent CN¥102k Buying 5.1% More Shares

While it’s not a big buy, we think it’s good to see Simon Murray, the independent non-executive director – Spring Asset Management Limited of Spring Real Estate Investment Trust (HKG: 1426) recently spent HK $ 102,000 on stock purchases at HK $ 2.76 per share. However, it only added 5.1% to their stake, and it wasn’t a big buy in absolute value either.

Check out our latest analysis for Spring Real Estate Investment Trust

Spring Real Estate Investment Trust insider deals last year

Last year, we found that the largest insider buy was made by Chairman of the Board – Spring Asset Management Limited Toshihiro Toyoshima – for shares valued at HK $ 490,000 at approximately HK $ 2.58 per share. This means that an insider found the current price of HK $ 2.75 per share tempting. Of course, they may have changed their minds. However, this suggests that they are optimistic. While we always love to see inside buying, it makes less sense if the purchases were made at much lower prices as the opportunity they saw may have passed. The good news for Spring Real Estate Investment Trust shareholders is that insiders bought close to current price.

For the past twelve months, Spring Real Estate Investment Trust insiders have bought, but not sold, stocks. The following graph shows insider transactions (by companies and individuals) over the past year. If you want to know exactly who sold how much and when, just click on the graphic below!

SEHK: 1426 insider trading volume March 28, 2021

The Spring Real Estate Investment Trust isn’t the only stock insiders are buying. For those who like to find Attract investments This free List of growing companies with recent insider buying could be just the ticket.

Spring Real Estate Investment Trust insider ownership

Many investors enjoy checking out how much of a company is owned by insiders. A high level of insider participation often means that management takes greater account of the interests of shareholders. Spring Real Estate Investment Trust insiders own approximately HK $ 358 million in shares. That corresponds to 8.9% of the company. This level of inside ownership is good, but not particularly noticeable. It certainly indicates a fair degree of alignment.

What do the Spring Real Estate Investment Trust insider deals indicate?

The recent insider buy is encouraging. We also trust in the longer-term picture of insider transactions. However, we note that the company has not made a profit in the past twelve months, which makes us cautious. Coupled with the high levels of insider exposure, this analysis suggests that insiders are fairly optimistic about the Spring Real Estate Investment Trust. Kind! While it is helpful to know what insiders are doing to buy or sell, it is also helpful to know the risks a particular company is facing. Note that the Spring Real Estate Investment Trust shows this 3 warning signs in our investment analysisand 2 of them are a bit uncomfortable …

Sure The Spring Real Estate Investment Trust may not be the best stock to buy. You might want to see that free Collection of high quality companies.

For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.

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