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Potential Tritax Big Box REIT plc (LON:BBOX) shareholders may wish to note that the Partner, James Dunlop, recently bought UK£212k worth of stock, paying UK£1.89 for each share. Although the purchase only increased their holding by 5.1%, it is still a solid purchase in our view.
Check out our latest analysis for Tritax Big Box REIT
The Last 12 Months Of Insider Transactions At Tritax Big Box REIT
In the last twelve months, the biggest single purchase by an insider was when insider Mark Glenn Shaw bought UK£272k worth of shares at a price of UK£1.53 per share. We do like to see buying, but this purchase was made at well below the current price of UK£2.20. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
In the last twelve months Tritax Big Box REIT insiders were buying shares, but not selling. 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!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does Tritax Big Box REIT Boast High 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. Insiders own 0.6% of Tritax Big Box REIT shares, worth about UK£21m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Do The Tritax Big Box REIT Insider Transactions Indicate?
It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Tritax Big Box REIT insiders are well aligned, and that they may think the share price is too low. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 4 warning signs for Tritax Big Box REIT (2 are a bit concerning!) and we strongly recommend you look at them before investing.
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.