First Capital Real Estate Investment Trust (TSE:FCR.UN) insiders are undoubtedly delighted they bought last year with gains to date at CA$246k
Insiders who bought First Capital Real Estate Investment Trust (TSE: FCR.UN) Stock lovers over the past 12 months probably weren’t as badly affected by last week’s loss of 7.0%. Taking into account the recent loss, the value of the shares they purchased, valued at $ 2.3 million, is now $ 2.6 million, suggesting that their investment has generated positive returns.
While we do not believe that shareholders should simply follow insider trading, we would find it foolish to completely ignore insider trading.
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
Last year we saw that insider Dori Segal’s largest insider purchase was for shares valued at $ 263,000, which is roughly $ 13.47 per share. Even though the purchase was made at a significantly lower price than the most recent price (CAD 17.25), we still think insider buying is positive. While insiders suggest the stock is undervalued at lower prices, this transaction doesn’t tell us much about what they think of current prices.
Over the past year, insiders at First Capital Real Estate Investment Trust have bought stocks but did not sell them. The average purchase price was around CAD 15.59. Although they have shopped below the most recent share price, it is good to see that insiders are poised to invest in the company. The graph below shows insider transactions (by companies and individuals) over the past year. If you click on the graphic below, you can see the exact details of every insider transaction!
TSX: FCR.UN Insider Trading Volume December 2, 2021
There are many other companies that insiders buy stocks from. You probably do not want to miss that for free List of Growing Companies Buying Insiders.
Inside ownership
For a common stockholder, it is worth checking how many shares are held by company insiders. A high proportion of insiders means that company management is often more responsive to the interests of shareholders. Our data shows that First Capital Real Estate Investment Trust insiders own approximately CA $ 11 million (0.3% of the company) stock. While better than nothing, we are not particularly impressed with these holdings.
What could the insider deals at First Capital Real Estate Investment Trust tell us?
There has been no insider trading in the past three months – that doesn’t mean much. However, our analysis of last year’s transactions is encouraging. Insiders own stocks in First Capital Real Estate Investment Trust and we see no signs of worrying about the future. So, these insider deals can help us form a thesis about the stock, but it’s also worth knowing the risks this company faces. To help with this, we discovered 4 warning signs (2 are Worrying!) Things You Should Know Before Buying Shares in First Capital Real Estate Investment Trust.
If you prefer to look at another company – one with potentially superior financials – then don’t miss out for 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.
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.
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 any of the stocks mentioned.