The Independent Trustee of First Capital Real Estate Investment Trust (TSE:FCR.UN), Andrea Stephen, Just Bought 54% More Shares

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Potential First Capital Real Estate Investment Trust (TSE:FCR.UN) shareholders may wish to note that the Independent Trustee, Andrea Stephen, recently bought CA$212k worth of stock, paying CA$17.65 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 54%.

See our latest analysis for First Capital Real Estate Investment Trust

The Last 12 Months Of Insider Transactions At First Capital Real Estate Investment Trust

In the last twelve months, the biggest single purchase by an insider was when Independent Trustee Leonard Abramsky bought CA$298k worth of shares at a price of CA$14.90 per share. We do like to see buying, but this purchase was made at well below the current price of CA$17.39. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

In the last twelve months insiders purchased 74.03k shares for CA$1.2m. On the other hand they divested 12.04k shares, for CA$183k. In the last twelve months there was more buying than selling by First Capital Real Estate Investment Trust insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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insider-trading-volume

First Capital Real Estate Investment Trust is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does First Capital Real Estate Investment Trust Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.4% of First Capital Real Estate Investment Trust shares, worth about CA$16m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At First Capital Real Estate Investment Trust Tell Us?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Insiders likely see value in First Capital Real Estate Investment Trust shares, given these transactions (along with notable insider ownership of the company). While we like knowing 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. When we did our research, we found 3 warning signs for First Capital Real Estate Investment Trust (2 shouldn't be ignored!) that we believe deserve your full attention.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list 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.

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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.

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