Brookdale Senior Living Inc. (NYSE:BKD) insider upped their holding by 14% earlier this year
Insiders were net buyers of Brookdale Senior Living Inc.'s (NYSE:BKD ) stock during the past year. That is, insiders bought more stock than they sold.
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.
View our latest analysis for Brookdale Senior Living
Brookdale Senior Living Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Independent Director Frank Bumstead for US$154k worth of shares, at about US$3.09 per share. That implies that an insider found the current price of US$3.23 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Brookdale Senior Living insider decided to buy shares at close to current prices. Frank Bumstead was the only individual insider to buy during the last year.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Brookdale Senior Living is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership Of Brookdale Senior Living
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Brookdale Senior Living insiders own 2.1% of the company, worth about US$13m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Brookdale Senior Living Tell Us?
The fact that there have been no Brookdale Senior Living insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in Brookdale Senior Living and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Brookdale Senior Living. Case in point: We've spotted 1 warning sign for Brookdale Senior Living you should be aware of.
But note: Brookdale Senior Living may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
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