Potential Sunrise Realty Trust, Inc. (NASDAQ:SUNS) shareholders may wish to note that the Founder & Executive Chairman, Leonard Tannenbaum, recently bought US$373k worth of stock, paying US$7.76 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 1.3%.

Sunrise Realty Trust Insider Transactions Over The Last Year

Notably, that recent purchase by Founder & Executive Chairman Leonard Tannenbaum was not the only time they bought Sunrise Realty Trust shares this year. Earlier in the year, they paid US$9.77 per share in a US$1.3m purchase. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$7.51). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Leonard Tannenbaum.

Leonard Tannenbaum bought a total of 318.13k shares over the year at an average price of US$9.42. 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!

Sunrise Realty Trust is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Sunrise Realty Trust

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Sunrise Realty Trust insiders own 29% of the company, worth about US$29m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Sunrise Realty Trust Insiders?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Sunrise Realty Trust insiders are well aligned, and that they may think the share price is too low. 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.

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 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.