Potential Medalist Diversified REIT, Inc. (NASDAQ:MDRR) shareholders may wish to note that the CEO, President, Francis Kavanaugh, recently bought US$206k worth of stock, paying US$5.61 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 17%.

Medalist Diversified REIT Insider Transactions Over The Last Year

In fact, the recent purchase by Francis Kavanaugh was the biggest purchase of Medalist Diversified REIT shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of US$6.00. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices.

Medalist Diversified REIT insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and 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!

Medalist Diversified REIT is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Medalist Diversified REIT

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 34% of Medalist Diversified REIT shares, worth about US$4.4m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Medalist Diversified REIT Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Insiders likely see value in Medalist Diversified REIT shares, given these transactions (along with notable insider ownership of the company). So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Be aware that Medalist Diversified REIT is showing 2 warning signs in our investment analysis, and 1 of those is potentially serious...

Of course Medalist Diversified REIT 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.