Insider Buying: The First Capital Real Estate Investment Trust (TSE:FCR.UN) Independent Trustee Just Bought 242% More Shares
Investors who are interested in First Capital Real Estate Investment Trust It is important to note (TSE: FCR.UN) that independent trustee Annalisa King recently paid $ 18.10 per share to purchase $ 226,000 worth of shares. We think that’s a good sign, especially since the purchase increased their inventory by 242%.
Check out our latest analysis for First Capital Real Estate Investment Trust
The last 12 months of insider trading at First Capital Real Estate Investment Trust
Insider Dori Segal made the largest insider buy in the past 12 months. This single transaction involved shares valued at CAD 446,000 at a price of CAD 13.37 each. Even though the purchase was made at a significantly lower price than the most recent price ($ 17.94), we still think insider buying is positive. Since the shares were bought at a lower price, that purchase doesn’t tell us much about how insiders view the current share price.
First Capital Real Estate Investment Trust insiders bought stocks last year but didn’t sell any. They paid about $ 14.84 on average. It is certainly positive to see that insiders have invested their own money in the company. However, we find that they bought at prices significantly lower than today’s share price. The graph below shows insider transactions (by companies and individuals) over the past year. If you want to know exactly who sold how much when, just click on the graphic below!
TSX: FCR.UN Insider Trading Volume August 14, 2021
First Capital Real Estate Investment Trust isn’t the only stock insiders are buying. For those who like to find winning investments That free List of Growing Companies with Recent Insider Buying could be just the ticket.
Inside ownership of First Capital Real Estate Investment Trust
Looking at total insider holdings in a company can help you make your assessment of whether they are well-aligned with the common stockholders. A high level of insider ownership often makes company management more attentive to the interests of shareholders. According to our data, insiders own 0.3% of the shares in First Capital Real Estate Investment Trust, valued at around CAD 11 million. We generally prefer to see a higher percentage of inside ownership.
What could the insider deals at First Capital Real Estate Investment Trust tell us?
It’s good to see the latest Insider Buy. We also draw trust from the longer-term picture of insider transactions. Insiders, given these deals (along with the company’s notable insider ownership), are likely to see value in the stocks of the First Capital Real Estate Investment Trust. While we like to know what happens to insiders’ property and transactions, we make sure we also consider the risks a stock is exposed to before making any investment decision. For example, we identified 4 warning signs for First Capital Real Estate Investment Trust (2 are a bit worrying) you should be aware.
If you prefer to look at another company – one with potentially superior financials – then don’t miss out on this free List of interesting companies that have HIGH return on equity and low debt.
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.
Funded
When trading stocks or other investments, use the platform that is considered by many to be the professional’s gateway to the world market, Interactive Brokers. Get the cheapest * trading in stocks, options, futures, forex, bonds and funds worldwide from a single integrated account.
This article from Simply Wall St is of a general nature. We only provide comments based on historical data and analyst projections using an unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. Our goal is to provide you with long-term, focused analysis based on fundamentals. Note that our analysis may not take into account the latest company announcements or quality material, which may be sensitive to the price. Simply Wall St has no position in the stocks mentioned.
* Interactive Brokers rated as the lowest cost broker by StockBrokers.com Annual Online Review 2020
Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, send an email to the editorial team (at) simplywallst.com.