Potential The PRS REIT plc (LON:PRSR) shareholders may wish to note that the Independent Non-Executive Chairman, Stephen Smith, recently bought UK£75k worth of stock, paying UK£1.00 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 94%, potentially signalling some real optimism.
Check out our latest analysis for PRS REIT
PRS REIT Insider Transactions Over The Last Year
Notably, that recent purchase by Stephen Smith is the biggest insider purchase of PRS REIT shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£1.00). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
In the last twelve months PRS REIT insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
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).
Insider Ownership of PRS REIT
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our information indicates that PRS REIT insiders own about UK£312k worth of shares. We might be missing something but that seems like very low insider ownership.
So What Does This Data Suggest About PRS REIT Insiders?
It is good to see the recent insider purchase. 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 PRS REIT insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing PRS REIT. For example, PRS REIT has 4 warning signs (and 1 which is significant) we think you should know about.
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.
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.
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.
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