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Great news for CTO Realty Growth, Inc. (NYSE:CTO): Insiders acquired stock in large numbers last year

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·3 min read
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It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in CTO Realty Growth, Inc.'s (NYSE:CTO) case, it's fantastic news for shareholders.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for CTO Realty Growth

The Last 12 Months Of Insider Transactions At CTO Realty Growth

In fact, the recent sale by John Albright was the biggest sale of CTO Realty Growth shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of US$53.76. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Over the last year, we can see that insiders have bought 8.50k shares worth US$448k. But they sold 7.88k shares for US$425k. In total, CTO Realty Growth insiders bought more than they sold over the last year. 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!


CTO Realty Growth is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insiders at CTO Realty Growth Have Sold Stock Recently

We've seen more insider selling than insider buying at CTO Realty Growth recently. We note President John Albright cashed in US$425k worth of shares. On the flip side, insiders spent US$244k on purchasing shares. Since the selling really does outweigh the buying, we'd say that these transactions may suggest that some insiders feel the shares are not cheap.

Does CTO Realty Growth Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. It appears that CTO Realty Growth insiders own 5.1% of the company, worth about US$16m. 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 CTO Realty Growth Tell Us?

Unfortunately, there has been more insider selling of CTO Realty Growth stock, than buying, in the last three months. On the other hand, the insider transactions over the last year are encouraging. It's good to see insiders are shareholders. So the recent selling doesn't worry us too much. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 5 warning signs for CTO Realty Growth you should be aware of, and 2 of these are significant.

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.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.