Even if it's not a huge purchase, we think it was good to see that Bimaljit Sandhu, the Non-Executive Director of AEW UK REIT plc (LON:AEWU) recently shelled out UK£68k to buy stock, at UK£0.91 per share. That purchase might not be huge but it did increase their holding by 17%.
The Last 12 Months Of Insider Transactions At AEW UK REIT
insider James Hyslop made the biggest insider purchase in the last 12 months. That single transaction was for UK£91k worth of shares at a price of UK£0.91 each. That implies that an insider found the current price of UK£0.95 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 AEW UK REIT insiders decided to buy shares at close to current prices.
In the last twelve months AEW UK REIT insiders were buying shares, but not selling. You can see the insider transactions (by 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!
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.
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. From what we can see in our data, insiders own only about UK£754k worth of AEW UK REIT shares. It's always possible we are missing something but from our data, it looks like insider ownership is minimal.
So What Does This Data Suggest About AEW UK REIT Insiders?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that AEW UK REIT insiders are expecting a bright future. Of course, the future is what matters most. So if you are interested in AEW UK REIT, you should check out this free report on analyst forecasts for the company.
Of course AEW UK REIT may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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.