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Have One Liberty Properties Insiders Been Selling Stock?

Simply Wall St ·  02:56

Investors may wish to note that the Executive Vice President of One Liberty Properties, Inc., Justin Clair, recently netted US$92k from selling stock, receiving an average price of US$24.27. On the bright side, that's just a small sale and only reduced their holding by 8.8%.

The Last 12 Months Of Insider Transactions At One Liberty Properties

The Executive VP & COO, Lawrence Ricketts, made the biggest insider sale in the last 12 months. That single transaction was for US$104k worth of shares at a price of US$22.50 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$22.99. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 2.6% of Lawrence Ricketts's stake.

Insiders in One Liberty Properties didn't buy any shares in 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!

insider-trading-volume
NYSE:OLP Insider Trading Volume July 2nd 2024

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Does One Liberty Properties Boast High Insider Ownership?

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. One Liberty Properties insiders own about US$84m worth of shares. That equates to 17% of the company. 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 Do The One Liberty Properties Insider Transactions Indicate?

An insider sold One Liberty Properties shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. 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. Be aware that One Liberty Properties is showing 4 warning signs in our investment analysis, and 2 of those are concerning...

But note: One Liberty Properties may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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