Insider trading often garners attention, especially when it coincides with significant changes in a company’s stock performance. While insider purchases can signal confidence in a company’s future, sales may precede difficult times. For those considering buying or selling shares in CT Real Estate Investment Trust (TSE: CRT.UN), it’s crucial to understand recent insider transactions.
Understanding Insider Selling
Company insiders, such as board members, frequently trade in their company’s stock. These trades must be disclosed and conducted without the advantage of non-public information. While insider transactions are not the sole factor in long-term investment decisions, monitoring these activities can provide valuable insights. As investment guru Peter Lynch noted, insiders may sell shares for many reasons but typically buy them for one: they believe the price will increase.
CT Real Estate Investment Trust Insider Transactions Over the Last Year
In the past year, the most significant insider purchase was made by Dean McCann, who bought shares worth CA$310,000 at CA$15.48 each. This purchase was close to the current trading price of CA$16.34, indicating confidence in the company’s valuation at that time. The alignment of the purchase price with the current price suggests a positive outlook from insiders, even though market conditions might have changed since then. Importantly, no insider sales have been recorded over the past year, which can be reassuring for shareholders.
The chart below provides a detailed view of insider transactions, allowing stakeholders to examine the specifics of each trade.
Recent Insider Buying Activity
In the last three months, there has been notable insider buying at CT Real Estate Investment Trust. Dean McCann’s recent acquisition of CA$310,000 worth of shares, without any corresponding sales, reflects a continued confidence in the company’s prospects. This pattern of buying, unaccompanied by selling, generally signals optimism.
Insider Ownership Levels at CT Real Estate Investment Trust
For ordinary shareholders, the level of insider ownership can be a significant indicator of the company’s health. High insider ownership often aligns the interests of insiders with those of the shareholders. At CT Real Estate Investment Trust, insiders hold 0.09% of the company, translating to approximately CA$3.3 million in shares. While this is a modest proportion, substantial insider ownership is generally preferred.
In summary, recent insider buying activity at CT Real Estate Investment Trust, particularly without any insider selling, suggests a positive outlook from those with the most knowledge about the company. While insider ownership is relatively low, the transactions made by insiders indicate a vote of confidence in the company’s future.
