This Insider Has Just Sold Shares In Alpine Income Property Trust
Alpine Income Property Trust PINE | 0.00 |
Investors may wish to note that the Independent Chairman of Alpine Income Property Trust, Inc., Andrew Richardson, recently netted US$58k from selling stock, receiving an average price of US$19.35. It wasn't a huge sale, but it did reduce their holding by 17%. This does not instill confidence.
The Last 12 Months Of Insider Transactions At Alpine Income Property Trust
Notably, that recent sale by Andrew Richardson is the biggest insider sale of Alpine Income Property Trust shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$18.90. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
Happily, we note that in the last year insiders paid US$159k for 11.17k shares. But they sold 7.75k shares for US$140k. In total, Alpine Income Property Trust insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Alpine Income Property 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 Alpine Income Property Trust
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 data suggests Alpine Income Property Trust insiders own 0.8% of the company, worth about US$2.8m. We consider this fairly low insider ownership.
What Might The Insider Transactions At Alpine Income Property Trust Tell Us?
An insider hasn't bought Alpine Income Property Trust stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. But we'd like it if insiders owned more stock, overall. So we can't be sure that insiders are optimistic. 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.
