Sirius Real Estate Limited (LON:SRE) insiders placed bullish bets worth €4.0m in the last 12 months
Over the last year, a good number of insiders have significantly increased their holdings in Sirius Real Estate Limited (LON:SRE). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Sirius Real Estate
The Last 12 Months Of Insider Transactions At Sirius Real Estate
In the last twelve months, the biggest single purchase by an insider was when CEO & Executive Director Andrew Coombs bought UK£2.7m worth of shares at a price of UK£0.90 per share. We do like to see buying, but this purchase was made at well below the current price of UK£1.36. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
In the last twelve months insiders purchased 3.92m shares for UK£4.0m. But they sold 3.10m shares for UK£3.5m. Overall, Sirius Real Estate insiders were net buyers during the last year. Their average price was about UK£1.01. To my mind it is good that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insiders at Sirius Real Estate Have Bought Stock Recently
Over the last quarter, Sirius Real Estate insiders have spent a meaningful amount on shares. In total, insiders bought UK£1.3m worth of shares in that time, and we didn't record any sales whatsoever. That shows some optimism about the company's future.
Insider Ownership of Sirius Real Estate
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Sirius Real Estate insiders own 1.7% of the company, worth about UK£27m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About Sirius Real Estate Insiders?
It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Sirius Real Estate we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Sirius Real Estate. At Simply Wall St, we've found that Sirius Real Estate has 4 warning signs (1 is significant!) that deserve your attention before going any further with your analysis.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
