Trade Alert: The Independent Trustee Of Dream Office Real Estate Investment Trust (TSE:D.UN), Karine MacIndoe, Has Sold Some Shares Recently

We’d be surprised if Dream Office Real Estate Investment Trust (TSE: D.UN) Shareholders failed to realize that Independent Trustee, Karine MacIndoe, recently sold shares valued at $ 162,000 at $ 23.80 per share. Specifically, we find that the sale amounted to a 100% reduction in their position size, which does not create confidence.

Check out our latest analysis for Dream Office Real Estate Investment Trust

The last 12 months of insider trading at Dream Office Real Estate Investment Trust

In fact, the most recent sale by Karine MacIndoe was the largest sale of Dream Office Real Estate Investment Trust stock by an insider in the past twelve months, according to our records. So it’s clear that an insider thought it appropriate to sell at around the current price of $ 23.69. While we don’t typically see inside sales, it’s more worrying when the sales are at a lower price. We note that this sale was about the current price, so this is not a major issue, although it is not a good sign.

Dream Office Real Estate Investment Trust insiders haven’t bought any shares in the past year. Below is a visual representation of insider transactions (by companies and individuals) over the past 12 months. If you click on the graphic below, you can see the exact details of every insider transaction!

TSX: D.UN Insider Trading Volume November 20, 2021

If you’re buying stocks that insiders are buying instead of selling, then maybe you will love this for free List of companies. (Note: Insiders bought them).

Inside ownership

Many investors like to check how much a company has heard from insiders. We usually see a relatively high proportion of inside ownership. It appears that Dream Office Real Estate Investment Trust insiders own 1.5% of the company, valued at approximately 17 million Canadian dollars. While this is a strong but not stellar level of insider ownership, it is enough to indicate some consistency between management and the smaller shareholders.

So what does this data say about Dream Office Real Estate Investment Trust Insider?

Insiders recently sold, but not bought, shares in the Dream Office Real Estate Investment Trust. If you look at the last twelve months, our data shows no insider buying. While insiders own stocks, they don’t own a bunch and they sold. We would exercise some caution before buying! 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. Notice that the Dream Office Real Estate Investment Trust appears 3 warning signs in our investment analysis, and 1 of them shouldn’t be ignored …

But be careful: Dream Office Real Estate Investment Trust may not be the best stock to buy. So check this out for 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 account for open market transactions and private dispositions, but no derivative transactions.

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.

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