When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Charter Hall Long WALE REIT's (ASX:CLW) instance, it's good news for shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. View our latest analysis for Charter Hall Long WALE REIT Charter Hall Long WALE REIT Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by MD, Group CEO & Executive Director of Charter Hall WALE Limited David Harrison for AU$188k worth of shares, at about AU$4.65 per share. That means that an insider was happy to buy shares at around the current price of AU$4.83. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Charter Hall Long WALE REIT share holders is that insiders were buying at near the current price. In the last twelve months Charter Hall Long WALE REIT insiders were buying shares, but not selling. 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! insider-trading-volume Charter Hall Long WALE REIT is not the only stock insiders are buying. So take a peek at this freelist of growing companies with insider buying. Insider Ownership For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From looking at our data, insiders own AU$4.9m worth of Charter Hall Long WALE REIT stock, about 0.2% of the company. I generally like to see higher levels of ownership. So What Do The Charter Hall Long WALE REIT Insider Transactions Indicate? There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think Charter Hall Long WALE REIT insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Charter Hall Long WALE REIT. Our analysis shows 5 warning signs for Charter Hall Long WALE REIT (2 are potentially serious!) and we strongly recommend you look at them before investing. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this freelist of interesting 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, but not derivative transactions. 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 (at) simplywallst.com.
A number of insiders bought Charter Hall Long WALE REIT (ASX:CLW) stock last year, which is great news for shareholders
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