Investors who take an interest in Arbor Realty Trust, Inc. (NYSE:ABR) should definitely note that the Lead Director, William Green, recently paid US$12.83 per share to buy US$257k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 23.9%.
The Last 12 Months Of Insider Transactions At Arbor Realty Trust
Notably, that recent purchase by Lead Director William Green was not the only time they bought Arbor Realty Trust shares this year. They previously made an even bigger purchase of US$257k worth of shares at a price of US$12.83 per share. So it's clear an insider wanted to buy, at around the current price, which is US$13.08. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Arbor Realty Trust share holders is that insiders were buying at near the current price. We note that William Green was also the biggest seller.
Over the last year, we can see that insiders have bought 24559 shares worth US$312k. But insiders sold 17793 shares worth US$228k. Overall, Arbor Realty Trust insiders were net buyers last year. The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Arbor Realty Trust is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Arbor Realty Trust insiders own about US$86m worth of shares. That equates to 5.8% of the company. 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 Do The Arbor Realty Trust Insider Transactions Indicate?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of Arbor Realty Trust we think they are probably pretty confident of a bright future. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.