Insiders acquired stock in large numbers last year

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in First Capital Real Estate Investment Trust’s (TSE:FCR.UN) instance, it’s good news for shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Trustee Annalisa King for CA$226k worth of shares, at about CA$18.10 per share. So it’s clear an insider wanted to buy, at around the current price, which is CA$18.12. Of course they may have changed their mind. But this suggests they are optimistic. 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. In this case we’re pleased to report that the insider purchases were made at close to current prices.

While First Capital Real Estate Investment Trust insiders bought shares during the last year, they didn’t sell. You can see the insider transactions (by companies and 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 of First Capital Real Estate Investment Trust

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. From our data, it seems that First Capital Real Estate Investment Trust insiders own 0.3% of the company, worth about CA$11m. We do generally prefer see higher levels of insider ownership.

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What Might The Insider Transactions At First Capital Real Estate Investment Trust Tell Us?

The fact that there have been no First Capital Real Estate Investment Trust insider transactions recently certainly doesn’t bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in First Capital Real Estate Investment Trust and their transactions don’t cause us concern. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. Every company has risks, and we’ve spotted 4 warning signs for First Capital Real Estate Investment Trust (of which 2 are a bit concerning!) you should know about.

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.

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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.