We note that the Incorporated Healthcare Real Estate Trust (NYSE: HR) Executive Vice President and General Counsel John Bryant recently sold US $ 90,000 worth of shares for US $ 31.01 per share. On the plus side, this is just a small sale and only reduced their stake by 1.5%.
Healthcare Realty Trust Insider Transactions in the Past Year
Over the past year, we can see that the biggest insider sale was made by Executive Vice President of Investments Robert Hull for US $ 355,000 of shares, at around US $ 31.00 per action. So we know that an insider sold shares around the current share price of US $ 30.48. We usually don’t like to see insider sales, but the lower the selling price, the more it concerns us. We note that this sale took place at roughly the current price, so this is not a major concern, although it is not a good sign.
Over the past year, we’ve seen more insider sales of Healthcare Realty Trust shares than purchases. Below you can see a visual representation of insider trading (by businesses and individuals) over the past 12 months. By clicking on the graph below, you can see the precise detail of each insider trade!
NYSE: HR Insider Trading Volume September 26, 2021
If you like to buy stocks that insiders buy rather than sell, then you might love this free list of companies. (Hint: insiders bought them).
Does Healthcare Realty Trust pride itself on strong insider ownership?
Another way to test the alignment between a company’s executives and other shareholders is to look at how many shares they own. I think it’s a good sign if the insiders own a significant number of shares in the company. It appears that Healthcare Realty Trust insiders own 1.0% of the company, worth around $ 43 million. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest an alignment between insiders and other shareholders.
So what do Healthcare Realty Trust’s insider trading indicate?
An insider recently sold stocks, but they didn’t buy. With zooming out, the longer term image doesn’t give us much comfort. Insiders own stocks, but we remain fairly cautious given the sales history. So we would only buy after careful consideration. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. When we did our research we found 6 warning signs for Healthcare Realty Trust (2 make us uncomfortable!) Which we think deserve your full attention.
Sure, you might find a fantastic investment looking elsewhere. So take a look at this free list of interesting companies.
For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.
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