Sean Thomas McMahon is the Chief Investment Officer and Executive Director of Charter Hall Social Infrastructure Limited of Charter Hall Social Infrastructure REIT (ASX: CQE) and has just spent AU $ 215,000 on shares

0

Potential Charter Hall Social Infrastructure REIT (ASX: CQE) Shareholders may wish to note that Chief Investment Officer and Executive Director of Charter Hall Social Infrastructure Limited, Sean Thomas McMahon, recently purchased AU $ 215,000 of shares, paying AU $ 3.66 for each share . However, it only increased participation by a small percentage, and it wasn’t a huge buy in absolute value either.

See our latest review for Charter Hall Social Infrastructure REIT

Charter Hall Social Infrastructure REIT Insider Transactions in the Past Year

Notably, this recent buy by Sean Thomas McMahon is the biggest insider buy of Charter Hall Social Infrastructure REIT shares we’ve seen in the past year. This means that an insider was happy to buy shares around the current price of AU $ 3.75. Of course, maybe they changed their mind. But it does suggest that they are optimistic. We always love to see insider buys, but it’s worth noting if those buys were made at a price much lower than today’s share price as the discount to value may have been reduced with increasing price. Fortunately, insiders at Charter Hall Social Infrastructure REIT have decided to buy shares at prices close to current prices.

Over the past twelve months, insiders at Charter Hall Social Infrastructure REIT have been buying shares, but not selling them. Below you can see a visual representation of insider trading (by businesses and individuals) over the past 12 months. If you click on the chart you can see all of the individual trades including the stock price, individual and date!

insider-trading-volume

Charter Hall Social Infrastructure REIT isn’t the only stock that insiders buy. For those who like to find winning investments this free list of growing companies with recent insider buys, might be just the ticket.

Insider Ownership of Charter Hall Social Infrastructure REIT

For an ordinary shareholder, it is worth checking out how many shares are owned by company insiders. We generally like to see fairly high levels of insider ownership. From our data, it appears that Charter Hall Social Infrastructure REIT insiders own 1.0% of the company, worth around A $ 13 million. Overall, this level of ownership isn’t that impressive, but it’s definitely better than nothing!

So what does this data suggest about Charter Hall Social Infrastructure REIT insiders?

Recent insider buying is encouraging. And the analysis of last year’s transactions also gives us confidence. Insiders likely see value in shares of Charter Hall Social Infrastructure REIT, given these transactions (as well as notable insider ownership of the company). So these insider trading can help us build a stock thesis, but it’s also worth knowing the risks this business faces. To help you, we have discovered 2 warning signs (1 makes us a little uncomfortable!) That you should know before buying Charter Hall Social Infrastructure REIT shares.

Sure Charter Hall Social Infrastructure REIT may not be the best stock to buy. So you might want to see this free collection of high quality 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.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.


Source link

Share.

Comments are closed.