Potential Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shareholders may wish to note that the Independent Director, Kerry Campbell, recently bought US$101k worth of stock, paying US$1.40 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.
See our latest analysis for Wheeler Real Estate Investment Trust
Wheeler Real Estate Investment Trust Insider Transactions Over The Last Year
CEO & Director Daniel Khoshaba made the biggest insider purchase in the last 12 months. That single transaction was for US$337k worth of shares at a price of US$2.16 each. That means that even when the share price was higher than US$1.31 (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. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
Happily, we note that in the last year insiders paid US$884k for 497.78k shares. But they sold 25118 shares for US$38k. In total, Wheeler Real Estate Investment Trust insiders bought more than they sold over the last year. The average buy price was around US$1.77. I'd consider this a positive as it suggests insiders see value at around the current price. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 12% of Wheeler Real Estate Investment Trust shares, worth about US$1.6m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Do The Wheeler Real Estate Investment Trust Insider Transactions Indicate?
It's certainly positive to see the recent insider purchases. 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. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Wheeler Real Estate Investment Trust insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Wheeler Real Estate Investment Trust. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Wheeler Real Estate Investment Trust.
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, but not derivative transactions.
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