Have Insiders Been Buying Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Shares This Year?

We haven’t counted the number of times insiders have accumulated stakes in a company that is doing significantly better. Unfortunately, there are also many examples of stock prices falling sharply after insiders have sold stocks. As a result, shareholders may want to know whether insiders bought or sold shares of Boardwalk Real Estate Investment Trust (TSE: AT.UN).

What is insider selling?

It is quite normal for company insiders, such as board members, to trade in company stocks from time to time. However, most countries require the company to disclose such transactions to the market.

We do not believe that shareholders should simply pursue insider deals. But we would also consider it foolish to ignore insider trading altogether. As Peter Lynch said, “Insiders could sell their stocks for a number of reasons, but they are buying them for only one thing: they think the price will go up”.

Check out our latest analysis for Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust insider trades last year

Insider Roberto Geremia made the biggest insider sale in the last 12 months. This single transaction involved CA $ 1.1 million of shares priced at CA $ 29.82 each. That said, even if the share price was below the current price of CA $ 34.18, an insider was trying to redeem some shares. If an insider sells below the current price, it indicates that they consider that lower price to be fair. That makes us wonder what you think of the (higher) recent rating. Please note, however, that sellers can sell for a variety of reasons, so we do not know exactly what they think of the stock price. This retail sale was only 23% of Roberto Geremia’s share. Roberto Geremia, in particular, was also the biggest buyer after buying CA $ 1.2 million worth of shares.

In the past twelve months, insiders bought 42.86,000 shares for CA $ 1.2 million. On the other hand, they sold 38.48,000 shares for CA $ 1.2 million. Overall, Boardwalk Real Estate Investment Trust insiders have bought more than they sold last year. The following graph shows insider transactions (by companies and individuals) over the past year. Click on the graphic below to see the exact details of each Insider Transaction!

TSX: AT.UN Insider Trading Volume December 20, 2020

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

Boardwalk Real Estate Investment Trust insider ownership

Many investors like to examine how much of a company is owned by insiders. The higher the proportion of insiders, the more likely it is that insiders will receive incentives to build the company over the long term. Our data suggests that Boardwalk Real Estate Investment Trust insiders own 0.2% of the company, valued at approximately CA $ 3.9 million. However, you may have an indirect interest through a corporate structure that we have not taken up. I generally like higher levels of ownership.

What does this data suggest to Boardwalk Real Estate Investment Trust insiders?

The fact that there hasn’t been any insider trading by the Boardwalk Real Estate Investment Trust recently certainly doesn’t bother us. But insiders have shown more appetite for the stock over the past year. While we’re not worried about the insider trades, we’d be more comfortable if they owned more shares in the Boardwalk Real Estate Investment Trust. 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. Notice that the Boardwalk Real Estate Investment Trust appears 2 warning signs in our investment analysis, and 1 of them concerns …

But note: The Boardwalk Real Estate Investment Trust may not be the best stock to buy. So take a look at it free List of interesting companies with high ROE and low debt.

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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This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.
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