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Even if it's not a huge purchase, we think it was good to see that Kevin Stephens, a Crown Castle International Corp. (REIT) (NYSE:CCI) insider, recently shelled out US$56k to buy stock, at US$182 per share. However, it only increased their shares held by 6.0%, and it wasn't a huge purchase by absolute value, either.
View our latest analysis for Crown Castle International (REIT)
Crown Castle International (REIT) Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Independent Chairman of the Board J. Martin for US$1.3m worth of shares, at about US$162 per share. We do like to see buying, but this purchase was made at well below the current price of US$186. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
Happily, we note that in the last year insiders paid US$3.7m for 22.91k shares. But they sold 19.60k shares for US$3.1m. In total, Crown Castle International (REIT) insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart 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 Crown Castle International (REIT) Boast High Insider Ownership?
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. A high insider ownership often makes company leadership more mindful of shareholder interests. Crown Castle International (REIT) insiders own 0.5% of the company, currently worth about US$405m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Does This Data Suggest About Crown Castle International (REIT) Insiders?
The stark truth for Crown Castle International (REIT) is that there has been more insider selling than insider buying in the last three months. On the other hand, the insider transactions over the last year are encouraging. And insider ownership remains quite considerable. So we're not too bothered by recent selling. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we've found that Crown Castle International (REIT) has 4 warning signs (1 is a bit unpleasant!) that deserve your attention before going any further with your analysis.