Insider Buying: The Brixmor Property Group Inc. (NYSE:BRX) CEO, President & Director Just Bought US$134k Worth Of Shares
Potential Brixmor Property Group Inc. (NYSE:BRX) shareholders may wish to note that the CEO, President & Director, James Taylor, recently bought US$134k worth of stock, paying US$13.43 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 3.5%.
Check out our latest analysis for Brixmor Property Group
The Last 12 Months Of Insider Transactions At Brixmor Property Group
Over the last year, we can see that the biggest insider sale was by the Executive VP & Chief Talent Officer, Carolyn Singh, for US$221k worth of shares, at about US$22.10 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$13.27). So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Carolyn Singh.
James Taylor purchased 17.50k shares over the year. The average price per share was US$15.60. You can see the insider transactions (by individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Brixmor Property Group insiders own 0.5% of the company, worth about US$18m. 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 Brixmor Property Group Tell Us?
It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of Brixmor Property Group we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 2 warning signs with Brixmor Property Group and understanding these should be part of your investment process.
But note: Brixmor Property Group 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.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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.
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