CEO & Executive Director of Roadside Real Estate Picks Up 32% More Stock
Roadside Real Estate plc (LON:ROAD) shareholders (or potential shareholders) will be happy to see that the CEO & Executive Director, Charles Dickson, recently bought a whopping UK£11m worth of stock, at a price of UK£0.57. Not only is that a big swing, but it increased their holding size by 32%, which is definitely great to see.
The Last 12 Months Of Insider Transactions At Roadside Real Estate
In fact, the recent purchase by Charles Dickson was the biggest purchase of Roadside Real Estate shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than UK£0.57 (the recent price), an insider wanted to purchase shares. 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. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Charles Dickson was the only individual insider to buy shares in the last twelve months.
Charles Dickson bought 21.45m shares over the last 12 months at an average price of UK£0.58. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Roadside Real Estate
Roadside Real Estate 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 Roadside Real Estate
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Roadside Real Estate insiders own about UK£67m worth of shares (which is 66% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Roadside Real Estate Tell Us?
The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Roadside Real Estate. That's what I like to see! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 3 warning signs for Roadside Real Estate and we suggest you have a look.
Of course Roadside Real Estate may not be the best stock to buy. So you may wish to see this free collection of high quality 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.
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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.