KKR Real Estate Finance Trust CEO & Director Acquires 12% More Stock
KKR Real Estate Finance Trust, Inc. KREF | 0.00 |
Potential KKR Real Estate Finance Trust Inc. (NYSE:KREF) shareholders may wish to note that the CEO & Director, Matthew Salem, recently bought US$362k worth of stock, paying US$6.04 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 12%.
The Last 12 Months Of Insider Transactions At KKR Real Estate Finance Trust
In the last twelve months, the biggest single sale by an insider was when the Non Independent Chairman of the Board, Ralph Rosenberg, sold US$2.1m worth of shares at a price of US$8.25 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of US$6.16. So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Ralph Rosenberg.
Over the last year, we can see that insiders have bought 178.70k shares worth US$1.2m. But they sold 250.58k shares for US$2.1m. 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!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Does KKR Real Estate Finance Trust Boast High Insider Ownership?
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. Our data indicates that KKR Real Estate Finance Trust insiders own about US$8.0m worth of shares (which is 2.0% of the company). We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About KKR Real Estate Finance Trust Insiders?
The recent insider purchases are heartening. But we can't say the same for the transactions over the last 12 months. We're not thrilled with the relatively low insider ownership and the longer term transaction history. But we like the recent purchasing. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing KKR Real Estate Finance Trust.
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 of direct interests only, but not derivative transactions or indirect interests.
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.
