Gladstone Commercial CEO & President Acquires 27% More Stock
Even if it's not a huge purchase, we think it was good to see that Arthur Cooper, the CEO & President of Gladstone Commercial Corporation (NASDAQ:GOOD) recently shelled out US$100k to buy stock, at US$10.15 per share. That purchase might not be huge but it did increase their holding by 27%.
Gladstone Commercial Insider Transactions Over The Last Year
Notably, that recent purchase by Arthur Cooper is the biggest insider purchase of Gladstone Commercial shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of US$10.06. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
In the last twelve months Gladstone Commercial insiders were buying shares, but not selling. 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!
Check out our latest analysis for Gladstone Commercial
Gladstone Commercial is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Insider Ownership Of Gladstone Commercial
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Gladstone Commercial insiders own 1.3% of the company, worth about US$6.5m. We do generally prefer see higher levels of insider ownership.
So What Do The Gladstone Commercial Insider Transactions Indicate?
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Gladstone Commercial stock. 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. When we did our research, we found 3 warning signs for Gladstone Commercial (1 doesn't sit too well with us!) that we believe deserve your full attention.
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.
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